Orris launches Floreal Towers in Gurgaon

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Orris Infrastructure, a Gurgaon-based real estate developer, has announced the launch of Floreal Towers-Retail, situated in Sector 83, New Gurgaon. Floreal Towers is a premium commercial-cum-retail complex spread over a total area of 5 lakh square feet, with a dedicated 1.5 lakh square feet of retail area.

According to the company, the green project, which is a part of the very first commercial cum retail complex on National High¬way-8 in New Gurgaon, will set benchmarks for others to follow. It also enjoys location advantage of Dwarka Expressway. The proposed Metro station, ISBT and airport are also within an arm’s reach.

Artistically designed, the project offers infrastructural facilities such as three level basement parking, open terrace restaurant and a de-stress health zone. The construction of the project is on in full swing and is expected to be completed by March 2012.

Vijay Gupta, chaiman and managing director, Orris, said, “Retail is a big industry in Gurgaon. There are about 43 malls here giving Gurgaon the third highest number of malls in an Indian city.

A lot of infrastructural development is taking place here and a good quality office-cum-retail complex is the need of the hour. Hence we came up with Floreal Towers, which offers premium office space with an integrated retail area.”

Orris has over 1,200 acres of land bank and credentials of successful launch of premium commercial and residential spaces along NH-8. Orris’ land bank is located in prime locations next to NH-8 and in New Gurgaon.

Paramount unveils residential scheme in Noida Extention

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Paramount Group, a real estate developer, has announced the launch of its new project Emotions at Noida Extension (GNIDA). Located at Sector 5, Greater Noida, the project is spread over an area of 11.5 acres. This project will have 1,550 residential units and a shopping centre.

According to the group, these 2BHK and 3BHK residential units will be spacious as all of them will be open from three sides and will be designed in such a way that all occupants get a park view.

The project will encompass a well equipped club with facilities of swimming pool, gymnasium, business lounge, spa with sauna and steam bath, unisex salon, cafeteria and indoor games and a shopping centre. The scheme also boasts of uninterrupted supply of water and electricity.

Speaking about the project, Ashwani Prakash, executive director, Para¬mount Group, said, “Par-amount Emotions will be the best house deal as it is situated at the most wanted and highly accessible location of Delhi NCR. The proposed metro connectivity will add to the convenience thus giving a further boost to Noida Extension.”

The area of the flats range between 810 sq ft and 1,570 sq ft and the towers has 15 floors. Paramount Emotions will be completed in May 2013 and possession will be given in the same month. The price of the units starts from Rs 16 lacs and the price per sq. ft. is Rs 2090. “It’s value for money to the customers, as this project is a perfect example of modernity, convenience and proximity at a very affordable price,” he added.

Paramount has many projects under its aegis and has been involved in building residential and commercial complexes in Delhi and NCR. Par¬amount Group is the member of Indian Green Bu-ilding Council.