L and T Chennai land acquired

ECL Finance, the non-banking financial services arm of Edelweiss group and Casa Grande, a leading real estate developer in Chennai, have acquired 5.16 acre of Larsen & Toubro´s property in Chennai. The company will be developing a unique project of apartments and villas at a cost of around Rs 210 crore, while the company expects a turnover of Rs 280 crore. Strategically located within the city and near airport, IT Parks and hospitals, the project will have apartments ranging from 600 sq ft to 2,100 sq ft and the villas with 2,500 sq ft. Contact: ECL Finance. Tel: 022-4009 4400. Website: www.edelweissfin.com