Raheja slashes prices for housing project in Sohna

Real estate firm Raheja Developers has said that it has launched a housing project in Sohna, Gurgaon, at a price of Rs 2,500 per sq ft, about 30-35 per cent lower than the existing rate in the location. The company will develop 114 independent floors in this project, which is part of 200-acre township 'Aranya City' in Sohna, South of Gurgaon, Raheja Developers. “The prices would be around Rs 2,900 per sq ft under the construction-linked payment plan,” said Navin Raheja, Chairman, Raheja Developers. "At present, the prices in this location is about Rs 4,000 per sq ft," he added. According to the company the construction major L&T is doing the infrastructure for the township.