Ruchi Realty Promises More Affordable Housing Projects in 2016

Indore, India, January 4, 2016 (Newswire.com) - Ruchi Realty is a real estate company that is owned and operated by Ruchi Group of Industries. The company has entered the real estate space in 2008 and is now focusing on creating value for money housing for people looking to buy affordable homes. The company's philosophy regarding affordable housing is that houses the company builds should be modern in design, quality construction work and yet be affordable in the price bracket of 30 lakhs to 50 lakhs Indian Rupees.

The company is based and headquartered in Indore, Madhya Pradesh. The company has successfully delivered residential housing projects in cities like Kolkata, Indore, Bhopal and Bhubaneswar. Now the company is gearing up to launch a number of affordable housing projects in the year 2016. The company aims to deliver quality construction homes to buyers with quick turnover time so that buyers do not have to wait for a long time to move into their own homes.

Speaking to the media, a spokesperson for the company said, "Ruchi Realty aims at becoming a major brand in the affordable housing space. We have set aside a major part of our real estate investments for affordable housing projects and aim to deliver homes to buyers in record time. We are currently assessing more than 5 locations for these projects and we should have major announcements to make in the coming couple of months."

The demand for affordable housing in Tier II and Tier III cities in India is growing at a rapid pace, as more and more people move to larger cities in search of jobs and to create a better future for themselves the demand for housing will only grow. This could be a major area of growth for Ruchi Realty as the company seeks to establish itself as a major real estate brand in the country.

About Ruchi Realty

Ruchi Realty is a division of Ruchi Group of Industries, a reputed and one of the largest business houses in India. The Group is active in a number of categories across India including oil, pulses, Steel, Dairy and Agri-Commodities, Power Generation, international Trading and Mining.

Contact Information
Ruchi Realty Holdings
Contact Number: +91-731-4018009 / 4018010
Website: http://ruchirealty.com/
Address: Ruchi Realty Holdings Ltd, 2/1, South Tukoganj, Behind High Court, Indore (M.P.) – 452001 India.