NIFCO has invested around Rs. 145 crore in Aliens Developers. Similarly, it is reported that Swami-1 Fund has invested Rs. 320 crore in the Alien Space Station project. It is learned that this Rs. 145 crore will help Aliens settle its existing debts and also take the project forward. Aliens has a mega mid-income housing project called Aliens Space Station in Tellapur.
The project, which was supposed to be handed over to the buyers in 2011, has not been completed to date. Aliens Hub is developing a premium platted development project on 272 acres on its own in Chennaram, Hyderabad. It is noteworthy that while each plot is developed for 300 yards, there are about 2400 plots.
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