India-Based DEC to Start Building Apartments Next Door to Beverley Hills Building, South Yarra
Elan apartments start at $1.6 million for a two-bedroom, with two car spaces.
DEC, headed by Indian billionaire Rakeesh Wadhawan, purchased the South Yarra site for about $4 million in 2008 as part of a $57 million spending spree that also included a Middle Park block of flats, on Beaconsfield Parade, and a major Southbank site capable of accommodating several high rise towers.
