Here comes a new face in Indian
Real Estate market named IREO. This is the first and
the largest global investment fund which is dedicated
to the Indian real estate sector and announces its
foray into real estate development with a portfolio
of 13 Residential projects and integrated townships,
IT SEZs, Office complexes and luxury hotels on a mega
scale under various stages of development and implementation
in prime locations around the country.
The
Company is committed to deliver superior product quality,
investment value and a level of satisfaction never
before experienced by real estate buyers in India.
As
a global investment fund, IREO has been present in
India since 2003 and has steadily built a portfolio
of high quality executable projects in prime locations
across 3,000 acres of owned land with a national footprint.
IREO has now evolved as a fully integrated real estate
organization that is both the financier and the developer
of its projects.
The
company is in strong financial condition and has cash
to invest. Having already invested US$1.5 billion,
the Company still have another US$500 million available
in cash for further investments in their projects.
The
team of IREO consists of internationally experienced
and accomplished expatriate and Indian professionals
from various backgrounds to lead IREO’s initiatives
and to deliver best in class products and services
to its customers.
The
company has already commenced construction and leasing
of a 5 million square feet IT SEZ and the sale and
construction on 3 million square feet of housing and
the company is poised to launch a number of projects
that will entail development of more than 8 million
square feet of housing in the coming 12 months.
IREO's
investor base consists of blue chip globally renowned
and respected financial institutions such as JPMorgan
Chase, TPG - Axon, Citadel Investment Group, sovereign
wealth funds, endowments such as Stanford University,
University of Notre Dame and University of Rochester,
major global real estate developers like Stephen Ross,
the Taubman Family and the Reichmann Family and some
very high net worth individuals. The blue chip nature
of IREO’s investor base, is proof of the immense
faith which investors have in India and also their
confidence in IREO's capabilities to manage the funds
and projects at such large levels.
“THE
GRAND ARCH” - the upcoming project of IREO,
is designed to emerge as one of the India’s
best planned Township in Gurgaon. This 800 acre development
will integrate residential, commercial and recreation
places seamlessly, delivering the highest levels of
comfort, convenience and security. The detailed brochure
of the same is enclosed herewith for your due reference.
The
Basic Price of Arch in East & West Wing is Rs.
4950/- + per sq. ft. & for Towers & Mid Rise
is Rs. 4450/- per sq. ft.
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