Sights set on 3,500 units FAST FACTS

HT Estates - - HTESTATES - HT Es­tates Cor­re­spon­dent

How and when was the com­pany set up?

Para­mount Group was set up by its managing director Mukesh Ag­gar­wal, a self-made en­tre­pre­neur, 18 years ago. The com­pany is com­mit­ted to ex­cel­lence and is as­so­ci­ated with world- renowned ar­chi­tects for qual­ity con­trol and pro­ject man­age­ment

The first few projects un­der­taken by the com­pany?

The com­pany cur­rently has four res­i­den­tial projects in Delhi NCR. Th­ese in­clude Para­mount Golf­foreste in Greater Noida, Para­mount Flo­rav­ille on Noida Ex­press­way, Para­mount Emo­tions in Greater Noida Num­ber of projects in NCR: West and Para­mount Sym­phony in Cross­ings Repub­lik- NH24.

Some of the ini­tial projects un­der­taken by the com­pany in­cluded Para­mount Executive F l oors i n Kaushambi and Pa r a m o u n t Re s i d e n cy i n Kaushambi and Ram­prastha, Ghazi­abad. Be­sides, it also has a 100-acre town­ship called Para­mount Tulip in Sa­ha­ran­pur, per­haps the first in­te­grated town­ship in UP

Share some de­tails about the on­go­ing projects by the com­pany

There are cur­rently four projects i n Delhi NCR. Para­mount Flo­rav­ille is an on­go­ing res­i­den­tial pro­ject lo­cated on a 50,000 sq m plot in Sec­tor 137, Noida Ex­press­way. It has about 1,500 units ap­prox­i­mately. This is one of our “fu­tur­is­tic” projects as most of the apart­ments here are e-homes. Buy­ers can con­trol all the elec­tronic gad­gets in their house from their of­fice with the touch of a but­ton. This pro­ject will be de­liv­ered soon.

Para­mount Golf­foreste is lo­cated opposite zeta sec­tor in Greater Noida and con­sists of lux­u­ri­ous in­de­pen­dent vil­las (ap­prox­i­mately 2000), stu­dios and suites (ap­prox­i­mately 1100). Th­ese are both air-con­di­tioned/ non air-con­di­tioned apart­ments. Other fea­tures of the pro­ject are a golf course, an am­phithe­atre equipped with LED screen, an ar­ti­fi­cial lake and per­son­alised name plates. The land­scap­ing for the pro­ject has been done by Sur­bana I nter na­tional Sin­ga­pore. While the com­pany in­tends hand­ing over some vil­las over the next four months, the apart­ments will be de­liv­ered in 2017. The site is lo­cated barely 5 km from Bo­daki in Greater Noida.

An­other pro­ject, Para­mount Emo­tions, spread across 11.5 acres in Greater Noida West is cur­rently under con­struc­tion. As many as 1,900 units are com­ing up in this pro­ject. Th­ese will be de­liv­ered in 2016

Are there some projects in the pipe­line? Please share some de­tails on the fu­ture plans of the com­pany

We will con­tinue to fo­cus on NCR. We have an IT plot in Greater Noida where a mixed land use de­vel­op­ment is planned. We may con­sider some land parcels in Gur­gaon and Ya­muna Ex­press­way M3M In­dia, a lux­ury real es­tate developer, won the Best Group Hous­ing Pro­ject award for its ul­tra­lux­ury pro­ject, M3M Golf Es­tate, at NAREDCO (na­tional real es­tate de­vel­op­ment coun­cil) 12th na­tional con­ven­tion 2014. The pro­ject, M3M Golf Es­tate, is an ul­tra-lux­ury res­i­den­tial pro­ject, spread over a sprawl­ing 30.35 hectares (75 acres) and lo­cated on Golf Course Road in Gur­gaon. The pro­ject boasts of lux­ury apart­ments built around a nine­hole executive golf course and in­cludes ameni­ties such as gym, spa, li­brary, restau­rants and so on. The two-day con­ven­tion hosted events, talks and dis­cus­sions cen­tred on the theme – Hous­ing for All by 2022. The chief guest at the event was M Venka­iah Naidu, union min­is­ter of ur­ban de­vel­op­ment. Lo­tus Greens De­vel­op­ers Pvt Ltd has an­nounced the launch of four pre­mium projects in NCR : Lo­tus Arena, Lo­tus Isle, Lo­tus Parkscape and Wood­view Res­i­dences. Lo­tus Arena is a pre­mium res­i­den­tial de­vel­op­ment within the 180-acre Lo­tus Greens Sports City in Sec­tor 79, Noida. Lo­tus Isle is a mixed-use de­vel­op­ment in Sec­tor 98, Noida. Wood­view Res­i­dences in Sec­tors 89-90, Gur­gaon is a lux­ury gated com­mu­nity pro­ject. Lo­tus Parkscape is a group hous­ing de­vel­op­ment on Ya­muna Ex­press­way, spread across 50 acres.

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