New Delhi: Astrum value homes Pvt. Ltd is planning to develop 12 housing projects with an estimated cost of $ 400 million in the next four years. The company is currently developing six housing projects and planning to take up six new projects by the end of the year.The Astrum Value Homes Pvt. Ltd was established by the Fire Capital Fund Pvt. Ltd and few US-based Professionals in 2011. The company has five integrated township projects with about 40 million sq ft area which are expected to reach completion in the next few years.Astrum proposed to build 32,000 housing units by 2017 which has been stretched by two years owing to the economic slowdown of the real estate market in India. With six new developments under the pipeline, the company is aiming to cater to the need of 10,000 homes in next four years.The company is in talks with several landowners for the inception of five to six projects more. A development model for joint ventures with landowners has been proposed. This will provide the rights of development with a share of revenue or profit. The company will be investing about $ 50-100 million by the end of this year.These new 12 projects will have an overall investment of $ 350 to $ 400 million which will be invested in next three to four years. This investment will come from the private equity partners of the company with fresh investments.The company is also planning to venture into the rental real estate by building homes under the ‘Astrum’ tag and rent them out. The market has observed strong demand for the rental housing in the present quarter of 2013.займ на карту без отказов круглосуточновзять кредит онлайн