Sterling Urban Developments, a joint venture floated by HDFC Property Fund (a subsidiary of Housing Development Finance Corporation) and Bangalore-based Sterling Developers will take up development of 150 acres in Whitefield at a cost of Rs 4,000 crore.

According to Ramani Sastri, managing director, Sterling Developers, "The project, 'Sterling Villa Grande', is being taken up in Whitefield and will see a total built-up of 20 million square feet at a cost of Rs 4,000 crore. The project is being built in phases."

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Posted by boyang at May 6, 2008 4:53 PM