
Luxor Rides Real Estate Boom
Over the years, the real estate boom in India has opened up new growth opportunities for blue-chip corporate houses ready to expand in terms of investments, operations and strategic partnerships. In tune with the current trend, the Luxor Group has diversified into real estate development in 2003 and tied up with the renowned Uppal Group, a corporate developer & builder with three decades of industry experience and more than 500 projects to its credit. Our strategic initiative to enter the capital-intensive commercial real estate development segment not only ensures rapid growth but also helps create value for shareholders as the new ventures will be a standing testimonial of the high-profile brand image enjoyed by the Luxor Group spelling impeccable quality and unfailing reliability.
In a bid to promote the diversification move, the Luxor Group has made huge investments in commercial real estate development and acquired suitable land for such premium projects as cyber cities, luxury hotels, office complexes, commercial plazas and Special Economic Zones (SEZs). The Luxor-Uppal consortium has already started operations across Delhi and the National Capital Region (NCR) – undertaking a state-of-the-art IT Park development in Gurgaon and building mega complexes in the heart of New Delhi to meet the growing demands for high-value office/commercial space. The Group is also developing an ultra-modern Special Economic Zone (SEZ) in the NCR to help serve diverse industry segments.
Plaza M6
The consortium is currently developing Plaza M6 – a world-class destination for the new-millennium Indian corporate and business elite. Located at Jasola off Mathura Road, one of the fastest growing commercial areas within the Capital, Plaza M6 has revolutionized the traditional concept of office space and introduced contemporary, eco-friendly offices complete with all modern amenities. The project has a total built-up area of 1,65,000 sq ft. and also houses retail space on the ground floor and the first floor.
Mira
Located at Ishwar Nagar on Mathura Road, Mira is the Capital’s latest business hub designed by architectural talents from India & Australia and built according to Vaastu. Spanning an area of 1,77,865 sq. ft., the elegant & eco-friendly business complex houses two landscaped courts, features world-class amenities and ensures the best-possible safety & security standards for a harmonious working environment. The structural design of the property conforms to Seismic Zone IV standards while a sophisticated facility management system will operate 24x7. As Delhi is one of the hotspots of world trade, a purpose-built location like Mira will always stand out as an iconic landmark serving the business community. As commercial real estate development gains momentum across the country, the Group has well laid out plans to work towards a pan-Indian profile on the real estate front and grow from strength to strength in near future. |