new delhi raheja developers is planning to build an integrated township at sohna near gurgaon that could entail an investment of about rs 1000 crore over the next three years the project which is yet to get the final regulatory approval is planned over an area of 108 acres that will be expandable up to 250 acres we have submitted the loi letter of intent to develop the township in 108 acres we are hopeful of getting the final approval very shortly and will launch the project within next 15 days raheja developers chairman and md navin m raheja told pti the company has also applied for approvals to expand the township into a total area of 250 acres he added when asked about investment that may go into the project raheja said we have not made the final outlay but any such project of this size will require to put in about rs 1000 crore on development the company will invest the amount through internal accruals he added at present the company is finalising the design plan of the project raheja said we are working on the design we are planning to offer around 800 housing units in the township that will comprise independent flats group housing villas and plots it is likely to be completed in the next three years he said last week raheja developers had said it will invest about rs 300 crore in a group housing project at dharuhera in haryana over the next 45 years the project oma will house 640 apartments and will be one of the tallest buildings in the area with 40 storeys the company had claimed the sizes of the flats will vary between 550 sq ft and 4500 sq ft the company will offer the apartments at a price ranging from rs 175 lakh to over rs 1 crore he said last year raheja developers had announced plans to build raheja phoenix that comprises a 54story tower with a helipad for about rs 300 crore which it claimed will be the tallest housing project in the national capital at present dr shyama prasad mukherjee civic centre is the tallest building in delhi that has 28 storeys with a height of 112 metres the company had also formed a joint venture with dubaibased arabtec construction to build real estate projects in india and awarded contracts worth rs 1020 crore to the jv firm for three housing projects the jv will develop the housing project raheja revanta with 56 storeys 195 metre in gurgaon comprising 1200 units it will later build the raheja phoenix