Ashiana Homes and Landcraft Projects launch mega residential project in Gurgaon

New Delhi: Ashiana Homes Pvt. Ltd. and Landcraft Projects Pvt. Ltd. have entered into a Joint Venture agreement with equal equity to launch state-of-the-art residential project - The Center Court -- at Sector 88A , Gurgaon on Dwarka Expressway. The new joint venture company is named Ashiana Landcraft Realty Pvt. Ltd.

While IndiaREIT Domestic Fund, sponsored by the Piramal Group, has invested Rs 100 crores in the project, IIFL has invested Rs. 80 crores in the Center Court. Ashiana Landcraft will be investing Rs. 600 crores in the project to ensure planned development and on-time delivery.

Rohit Raj Modi, Director, Ashiana Landcraft Realty Pvt. Ltd. (ALRPL) said, "Owing to locational advantage and infrastructural development that is underway, Dwarka Expressway is poised for stupendous growth. We are therefore delighted to join hands with another leading name in the industry, Landcraft Developers Pvt. Ltd. to develop state-of-the-art residential project on the Expressway."

"Young and upwardly mobile customers today are not just looking for homes they are looking for a complete lifestyle. With strong focus on health and fitness young customers today are opting for residential spaces that offer them a complete package in active lifestyle. The Centre Court we are confident will set new precedent in active lifestyle in the Indian real estate industry," said Manu Garg, Director, ALRPL.

He further, said, "With the launch of the Center Court we aim to bring forth our age-old legacy of commitment, quality and trust to our customers by offering them a never before experience in active living. We have brought together best names in architecture and landscape design to make this possible."

Designed by a very dedicated and experienced team of professionals in unique "S" shape, The Center Court offers 85% of land as open landscaped area. This extensive outdoor area has been designed by internationally acclaimed landscape architect Belt Collins International, Singapore. Light Design Partners (LDP), Singapore and HBO+EMTB (Mumbai / Sydney) are part of the project team to provide high quality of outdoor & indoor lightings and interiors that will add to the up-market experience that The Center Court strives to achieve.

 On offer

The proposed projects will come in four basic unit sizes: 2BHK + Study, 3BHK, 3BHK +SQ and 4 BHK apart from exclusive villas & penthouses.

The Center Court offers a 25000 sq ft centrally air-conditioned club house comprising lounge, kids play zone, banquet facility, library, gold class movie lounge, gymnasium, spa and massage suits, along with billiard room, table tennis and various other board games. Outdoor sports facilities like tennis courts, basket ball courts, volley ball court, squash court, multiple swimming pools, jogging track, cycling track, cricket pitch, golf putting green, rock climbing wall will offer ample avenues for active lifestyle to the residents.

Double height air conditioned building lobbies exquisitely designed by HBO+EMTB to create a warm and welcome ambiance for residents and their visitors, world class concierge service, high speed lifts with classy interior, round the clock three tire security, access control lobbies and dedicated ambulance service for those unforeseen medical emergencies will be other unique features of the Centre Court.

Ashiana Homes

Ashiana Homes has been in the housing development sector for over last 25 years and has set the benchmark for quality and commitment in real estate. Since 1997 the Group has been involved with development and construction of residential projects at Greater Noida, Indirapuram, Ghaziabad, Gurgaon in Delhi NCR and, with new Projects coming up in Bhubaneshwar and Jaipur. Ashiana has completed over 33 lacs sq.ft. Construction, in residential sector and has lived up to its claim of providing quality housing at affordable cost to more than 3000 happy families.

Landcraft Projects

Landcraft is real estate vertical of the Garg Group , a multifaceted business group with diverse business interests in sectors like Education, Steel & Publication and commands impeccable reputation and track record for more than five decades. It is known for reliability and trust amongst all its stakeholders. Landcraft has delivered more than 2.2 million sq. ft. area to more than 2200 customers by developing the first phase in three projects - River Heights, Golf Links and Dinesh Nagar. The company is now implementing the second phase of all the three projects where another 3 million sq. ft. will be ready in next 3 to 4 years.