Spread across 18 acres, Romano has 17 residential towers with 2,200 units, of which the possession on the first 200 homes was handed over on Saturday.
The multi-crore premium residence project of Supertech was initially supposed to be delivered in 2016 but the delivery date was subsequently revised to May 2018, according to sources.
"Around 80 per cent of the total 2,200 units have been booked and possession has just begun on the project and other flats would be delivered soon," the source said.
Meanwhile, the Supertech group said the real estate sector has been steadily recovering from the country-wide slump that came as a consequence of the Goods and Services Tax and demonetisation.
"As the sentiment is improving, most developers are moving forward with reasonable discounts and offers. Moreover, with the onset of the Real Estate Regulatory Authority (RERA), states where the authority is active are being speculated to see better sales due to increasing confidence of buyers in the real estate market," it said in the statement.