PBEL Property launches Phase II of PBEL City

PBEL Property Development (India) Limited, a joint venture between Israel-based Property and Building Corporation and Electra Real Estate and Hyderabad-based Incor Infrastructure (with 40:40:20 ratio), has launched the second phase of its flagship project, PBEL City.

Phase II consists of two towers named ‘Aurum’, comprising 394 apartments - both 2 and 3 BHK flats of sizes ranging from 1,160 sft to 2,975 sft. The company is investing Rs 150 crore in the project.