📋 Tender Overview
Scope : To Set up a Luxury Housing Project 'Ivory County' in Sector-115, Noida, Uttar Pradesh
Real estate developer County Group will invest Rs 5,000 crore in a luxury housing project 'Ivory County' in Sector-115, Noida. The outlay will be spread over the next five years for phased development.
Envisioned in an area of 28 acres, 'Ivory County' will have a total of 2,372 units on offer and will be developed in three distinct phases. Located near FNG Expressway, Noida Expressway and Delhi-Meerut Expressway and will be the developer's largest housing project in terms of area. The project will be divided in luxury and ultra-luxury dwelling areas and both Ivory County and Ivory County 'Gold' will be within the project complex.
The price range has been set at Rs 14,000 per sq. ft. in Ivory County and Rs 16,000 per sq. ft. in Ivory County 'Gold', and units range from 2,034 sq. ft. to 6,939 sq. ft.
The Group expects a sales realisation of approx. Rs 7,500 crore from the project wherein the investment would be made through a mix of self-funding, bank financing and customer advances.
