more-inChennai-based real estate developer Doshi Housing, will raise ₹100 crore to fund its new housing project for middle income groups in Chennai, said a senior executive. “The phase-1 of 496 apartments in Doshi Risington is in advance stages of completion. Asked about the unsold inventory, Mr. Doshi said since the soft opening of Doshi Firstnest happened recently, they were yet to commence selling of space. About 85% of inventory in Doshi Wellspring and 50% in Doshi Risington had been sold. To make use of the unsold inventory in Doshi Euphoria, the builder will start negotiations with some of the operators to convert the remaining 25 units for coliving.

Source: The Hindu March 13, 2018 16:22 UTC