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The Bengaluru-based MJ Infrastructure has announced its entry into Kerala with five luxury residential projects across the State.
P. Anil Kumar, Chairman and Managing Director said that the company has launched three apartment projects in Kochi and one each in Thiruvananthapuram and Kottayam. The construction of the Kochi project is almost over and will be ready for occupation in May-June. Priced in the range of ₹42-67 lakh, the apartment will have two and three bedrooms ranging from 1053 to 1680 sq ft.
The company is bullish on the growth prospect of the real estate sector in Kerala as there is a genuine demand despite the temporary slowdown in certain areas. The company is planning to invest nearly ₹1,000 crore in the state in next two years, he said.
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