Business - Briefly

Falcon to invest Rs. 300 crore

NEW DELHI: Falcon Realty Services on Thursday said that it would invest Rs. 300 crore to develop a 35-acre group housing project in Haryana and would offer the apartments to the people at affordable price. The Gurgaon-based company would construct 5,000 flats of 360 sq. ft. each at Bawal. Each one-bedroom apartment would carry the price tag of Rs. 5.5 lakh. Falcon Realty Services CEO Bhim Yadav told reporters here.

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