Sights set on 3,500 units FAST FACTS
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.