On Wednesday, there were a number of companies that had been in the spotlight among investors in a big way owing to key developments, and one of those was TGI Solar Power Group Inc. (OTC:TSPG). The company, which is known as a progressive technology and environmentally efficient real estate development business, announced that it had hit a major new milestone in its strategic goals. The company revealed that it was going to start working on the sale of properties in the initial phase of Yucatan’s ADVENT SMART CITY development.
In the news release yesterday, TGI Solar Power Group provided the important details with regards to the property. The property would encompass an area of 50 hectares, and each lot would be a quarter of an acre. The company revealed that it expected to make available 425 lots for sale. The price of each lot would be decided by professionals in the real estate industry. However, the initial estimates suggest that the prices could be around $150,000 per lot. TGI Solar Power Group stated that the cost of building a home would be in the $120 to $130 per square foot range.
In this regard, TGI Solar Power Group stated that a base home stretching over 3000 square feet and consisting of 3 bedrooms would be priced below $400,000. The company also stated that its advanced technologies and sustainable business practices would turn it into a leader in the energy sector as well. Its mission was to supply eco-friendly and efficient solutions that would boost the quality of life for people all over the world. The Chief Executive Officer and Chairman of TGI Solar Power Group, Henry Val, spoke about the project too. He noted that Adventure City was well placed to be a model for the future due to the company’s commitment to sustainable development practices.
