India, Oct. 9 -- NCR-based real estate firm Saya Group expects sales of around Rs.1,600 crore from its new ultra-luxury housing project in Indirapuram, Ghaziabad. The apartments are priced between Rs.6 crore and Rs.8.5 crore, the company's Managing Director Vikas Bhasin said on October 9.

Saya Group has partnered with Harmony Infra to develop the 'The Horizon Residences' project, spread over two acres of fully paid-up land.

Bhasin said the total investment on the 2-acre project will be approximately Rs.550 crore, excluding the land acquired in 2018. The project will offer a total saleable area of around 12 lakh sq ft, with projected sales revenue estimated at Rs.1,600 crore.

"We are expecting around Rs.1,600 crore sales revenue from th...