Friday, July 13, 2007

UNITECH ANNOUCES LUXURY RESIDENTIAL PROJECT - UNITECH GRANDE IN NOIDA

New Delhi, India, July 07, 2007 - Indian real estate major Unitech Ltd has announced the launch of a premium residential project, Unitech Grande, in Noida. Unitech Grande is a premium lifestyle destination offering super luxury apartments in sylvan surroundings across 347 acres of prime land.

Unitech Grande is located on the premium Noida Expressway, less than 2.5 kms from the Amity Chowk on the Expressway, thereby enjoying good connectivity and locational advantage with respect to the city master plan. It offers a tranquil environment in the NCR affording a varied selection of upscale typologies overlooking a golf course. Conceived to be the most sought after address in South Asia, this township offers the best living, shopping, working and hospitality facilities within a ten-minute drive along with superior accessibility to the nations capital.

The heart of this creation is a signature Golf Course exclusively designed by none other than Greg Norman himself. Apartment size ranges from 2,200 sq ft to 5,500 sq ft. The apartments are housed in soaring masterpieces of skyscraping architecture, created by some of the most celebrated architects and planners of the world. Luxury has acquired a new meaning here with all apartments having dedicated high speed internet connections, a fridge, washing machine and dryer (in addition to the usual modular kitchen), his and hers basin in the master bath and more. Selected apartments have terrace gardens and personal plunge pools.

A grand skyline with 8 iconic towers, varying in height, some as high as 45 storeys, has been stamped with the individual brilliance of the world’s top celebrated architects and planners. Grande offers super luxury apartments, all having an exquisite view of the Signature Golf Course. A few apartments also offer a 180-degree view of the same.

Sky bridges are to link most of Grande’s towers, each bridge exquisitely landscaped to give India the very first ‘sky gardens’.

Theme gardens are the focal point of each cluster of Grande, resplendent with exotic flowers, trees, waterfalls, pristine meadows, swimming pools and water bodies. Grande has been designed with all the attributes of environment planning dictated by international standards, including waste management, recycling resources and achieving energy friendly environment. Sun shading screens, eco-rated air conditioning units, state of the art purification systems for drinking water, rainwater harvesting and green roofs are some of the features that make it a truly sustainable and intelligent township.

The complex is also expected to house schools, hospitals and shopping outlets.

Unitech had acquired the land for this project in May 2006 for $420 million. Construction cost is expected to be many times this amount. A total of 5,300 units are to be built over seven years. 670 units are to be completed in the first phase of which 25% are already sold according to the developer.