New Delhi, Dec 24 (PTI) Realty firm Axis Ecorp will invest Rs 100 crore to develop a 25-acre luxury housing project in Maharashtra.

The company will develop 150 serviced studio apartments, 70 luxury serviced villas and 100 build-to-suit plotted developments in this project, which is located at Shindhudurg district in Maharashtra and is near to the Goa border, Axis Ecorp said in a statement.

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Aditya Kushwaha, CEO and Director, Axis Ecorp, said, "MOPA airport is being seen as a big game-changer for this region and it is expected to spell a boom for Goa and its peripheral areas".

The new project in Shindhudurg is aligned to infrastructure development in the area, he added.

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Axis Ecorp's has three existing projects -- Axis Blues, Axis Yog Villas and Axis Lake City -- in Dodamarg, Shindhudurg.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)