Real estate developer Casa Grande aims to become Rs 1,000-cr firm by 2016

CHENNAI: Buoyed by consistent growth in last eight years, real estate developer Casa Grande is aiming to become a 1,000-crore company by 2016 by developing several properties across the region, a top company official said. The Chennai-based company reported revenues of Rs 130.09 crore last year and hopes to mop up revenues of Rs 240 crore this financial year, Casa Grande Pvt Ltd, Managing Director, M Arun Kumar said. “We are looking at a sizable growth. We want to be a Rs 1,000 crore company in the year 2016″, he told reporters. Stating the company has a land bank of about 130 acres, he said, “We have Rs 750 crore

[via India Properties - Real Estate India - Indian Property News Site]