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Savvy Infra to invest Rs 400 cr in two years

6/30/2009 4:23:00 PM

Ahmedabad, June (EPC News): Promoter of Kensville Golf Club, Savvy Infrastructure Ltd is investing around Rs 400 crore in developing both commercial and residential projects over the next two years.

“As a philosophy, we have been using green materials for our buildings but now we have committed ourselves to going green in all our constructions. Currently, we are working on a commercial project ‘Shapath V’ worth Rs 300 crore coming up on 20,000 sq yards. It will be a mix of ownership and lease and will also house the Intercontinental Crowne Plaza hotel,” Sameer Sinha, Director said.

The company is aiming for a LEED certification in Gold by the Indian Green Building Council for Shapath V, which is located in the upcoming business area in Ahmedabad. The building will meet all the specifications of a ‘green building’ and will have a positive impact on the long-term return on investments for the company, he said.