India, Aug. 11 -- Raj Nagar Extension, a locality traditionally associated with affordable housing, may be poised for a shift in its residential profile. T&T Group has announced plans for a residential project in the area, with an estimated development cost of Rs.700 crore.

The project is proposed to span approximately 3.25 acres, with a planned built-up area exceeding one million square feet. It will comprise 3 and 4 BHK apartments distributed across Ground + 16-storey towers. According to available details, the design incorporates elements inspired by Victorian and Tudor architectural styles.

In contrast to the area's primarily utilitarian housing options, the proposed development is expected to include amenities such as a landscaped ...