Singapore’s Experion Developers has purchased a five-acre plot in Noida’s Sector 151 for ₹450 crore, intending to invest over ₹1,100 crore in a luxury residential project. Experion Developers, a fully.
FDI-funded real estate firm and a subsidiary of Experion Holdings Pte Ltd, Singapore, has announced a significant investment of approximately ₹1,500 crore to develop a luxury residential project in Noida.
This strategic move underscores the company’s commitment to expanding its footprint in the burgeoning real estate market of the National Capital Region (NCR).
Project Overview: Experion Elements
The upcoming project, aptly named ‘Experion Elements,’ is poised to redefine luxury living in Noida. Key highlights of this development include:
- Location: Situated in Sector 45, Noida, the project boasts a prime location with seamless connectivity to Delhi, offering a signal-free commute.
- Land Area: The development spans approximately 4.7 acres, featuring dual frontage and an urban landscape that enhances its aesthetic appeal.
- Residential Units: Experion Elements will comprise around 320 ultra-luxurious 3 and 4 BHK residences, each thoughtfully designed to cater to the discerning tastes of modern homeowners.
- Development Area: The project encompasses a total development area of over 1 million square feet, reflecting the scale and grandeur of this initiative.
Investment Details
The total investment for Experion Elements is estimated at ₹1,500 crore. This substantial financial commitment will be met through a combination of internal accruals and customer advances collected against sales. The starting price for a 3 BHK apartment in this project is approximately ₹5 crore, positioning it within the premium segment of the market.
Design Philosophy and Amenities
Experion Elements draws inspiration from ancient philosophies and spiritual traditions, aiming to create a harmonious living environment. The twin towers symbolize balance and perfection, embodying the project’s commitment to architectural excellence.
The residences are equipped with state-of-the-art VRV/VRF air conditioning systems, ensuring optimal comfort and energy efficiency. In a pioneering move towards sustainability, the project will feature modern charging infrastructure for electric vehicles, catering to the evolving needs of eco-conscious residents.
Strategic Significance
The launch of Experion Elements marks Experion Developers’ foray into the Noida real estate market, a region witnessing robust growth and increased demand for luxury housing. The company’s decision to invest in this project aligns with its broader strategy to capitalize on the rising demand for residential properties in key urban centers.
Company’s Vision
Experion Developers is committed to delivering outstanding projects that cater to the discerning tastes of luxury homebuyers. The launch of Experion Elements signifies a significant milestone in the company’s expansion plans, reflecting its dedication to redefining luxury living in the NCR.
Experion Developers’ substantial investment in the Experion Elements project underscores its confidence in the growth potential of Noida’s real estate market. With its strategic location, thoughtfully designed residences, and commitment to sustainability, Experion Elements is poised to set new benchmarks in luxury living, offering an unparalleled lifestyle experience to its future.
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Construction, Infrastructure and Mining
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