Property developer Arthaland Corp. said it is allotting some P7.4 billion in capital expenditures this year, most of which will be used for the launch of its upscale projects in the coming months.
Eluria, Arthaland’s pioneer development in Makati, will be a sustainable luxury residential development in Legazpi Village which will be launched this year. Eluria will be offering only 37 residential units with a maximum of two apartments per floor. Elevator cabins are designed to open into residents’ personal lobbies to provide security and privacy.
The project will be comprised of six mid-rise residential buildings with the first tower scheduled to be launched in the third quarter.
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