new delhi realty company avalon group will invest about rs 400 crore over the next three years to develop four housing projects in north indiathe gurgaonbased company is coming up with these four projects comprising nearly 3000 apartments at bhiwadi dharuhera and vrindavanwe have launched a housing project at dharuhera having 800 units we have also roped in karishma kapoor as our brand ambassador avalon director ajay singal saidavalon group is developing two housing projects at bhiwadi and one at vrindavan that together have about 2100 apartments the company is offering these flats in a price range of rs 1040 lakhasked about investment on these four projects singal said the total project cost will be around rs 400 crore which includes land costthe company would fund the investment through internal accruals and advances from customers director ankit aggarwal saidavalon group has completed one housing project at bhiwadi and has started delivering the other housing project in the same city in phases both projects have about 1200 unitstalking about expansion aggarwal said the company has 200 acres of land bank in rajasthan and haryana for future developments