With
UPA government in the cabinet initiating reform measures, ease of norms in FDI
and rate cut up to 25 basis points by RBI; housing sales are expected to rise. Builders
are optimistic about sales in the coming couple of years. Appreciating the
government’s move Vice President of Lotus Greens Group iterated that the
decision is welcoming and will empower the economy of real estate.
Lotus
Greens has emerged as a renowned brand in realty sector over a short period of
time. Since inception it has successfully delivered 14 million square feet of
land parcel and is projecting to serve 12, 000 families in next 3 years. To
nurture the sports spirit, the group is concentric about sports development in
NCR. Not only it is serving the residential segment but also it has for ayes
its footprints in education, healthcare and hospitality sector. Around 1
million square feet is developing under hospitality sector.
Due
to its tremendous performance, the group got the funds of Rupees 225 Crore from
private equity firm Piramal Group. These funds will be utilized to develop the
Sports City in Sector- 79, Noida. Clearwater Capital and SSG Capital Management
also raised funds of Rupees 450 Crore for another Sports City sprawled over 300
acres in Sector-150 of Noida. Earlier in 2013, a real estate private equity
firm Red Fort Capital invested Rupees 1, 000 Crore in series of Lotus Greens Projects. It is due to the
marvelous performance and reliability of the group that has attracted these
private equity firms to invest in the projects.
Parkscape,
Woodview Residences, Isle and Arena are few of the ongoing splendid projects by
the group. What these projects have to offer?
·
Parkscape is
offering 2 and 3 bedroom apartments on Yamuna Expressway.
·
Woodview
Residences is embracing 2, 3 and 4 BHK condominiums in Sector-89, 90 Gurgaon.
·
Isle is providing
3 and 4 bedroom accommodations in Sector-98, Noida.
·
Arena is offering
3 & 4 BHK abodes in Sector- 79, Noida.
The
builder is marching ahead with the team of enthusiastic professionals and
experts. With proven track record the group is committed to deliver quality
homes for everyone.
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