AMR Group diversifies into premium residential segment, announces three new projects

By Accommodation Times News Services

Ties-up with ace designer Manish Arora to style the dwelling units

Launches the first residential project Apartment 55 at Greater Noida

New Delhi, February 19, 2013: AMR Infrastructures Ltd., one of the leading real estate development enterprises in India today announced the diversification of its portfolio. Known more for commercial projects and IT parks, it is now entering the premium residential segment as well.

According to Mr. Kapil Aggarwal, Managing Director, AMR Group, “Through a fully owned subsidiary company by the name of AMR Infra Solutions Pvt. Ltd., we are now making an emphatic foray into the luxury dwelling units segment. This is primarily owing to the ever increasing acceptance and ensuing demand for such high-end homes for which the affording patrons do not mind paying a premium. We are coming up with three big luxury residential projects in the near future which shall personify opulence and comfort. And to embody these desired traits in our projects, we have tied up with none other than Manish Arora, one of the finest designers. He and his team shall personally style and customize each of the units as per the preferences of the upwardly mobile and nouveau riche community owners at whom our projects are primarily targeted.

Apartment 55 limited edition homes at Greater Noida – a future-proof city planned with obsession – shall be the best example of architecture and design for new lifestyle sans any compromise on functionality. Being made at a projected cost of Rs 100 crore and spread over 1.78 lakh sq. ft., Apartment 55 residential units have every conceivable facility that there can be. Home owners shall have access to an exclusive club that has provisions like badminton courts, health and fitness center, swimming pool, meditation avenues etc. Not to forget the fact that 65% of the area has been dedicated to open spaces and greenery.

Elucidating on the potential of Greater Noida, Mr. Aggarwal added that this satellite city of national capital has great potential when it comes to residential and commercial projects considering the development that’s currently happening and has taken place in the recent past. The Yamuna Expressway has become operational which has led to significant appreciation of residential as well as commercial property. As and when the metro connectivity makes the city more accessible, we’ll see a lot of people taking up residences in Greater Noida. In the recent past, we have witnessed a lot of corporate including multinationals setting up their offices here. Moreover, Greater Noida is replete with all modern amenities like hospitals, schools, engineering institutes and medical colleges etc.

Apartment 55 residents shall have the unique advantage in terms of world-class projects in vicinity. For example, Greater Noida has a state of the art exposition center which is becoming the new MICE destination of India; a Night Safari (fourth of its kind in the world, poised to make Greater Noida a tourist destination, designed by globally renowned Bernard Harrison); Gautam Buddha University (one of the biggest in Asia); Formula 1 track; cricket stadium; and the strategic Faridabd-Noida-Gurgaon (FNG) corridor. What’s more, AMR Group is also coming up with the first of its kind adventure and entertainment destination in India by the name of The Great Adventure Mall in Greater Noida itself.

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