By IANS,
Dubai : Leading Indian real estate developer Hiranandani Infrastructure and Real Estate Company (HIRCO) has received robust response from Dubai for its proposed Chennai Township project.
“We are extremely fortunate to be based across several borders. The Dubai market is extremely rich with a consumer base that we can market our India projects to,” HIRCO director Darshan Hiranandani said in a statement.
“On the other hand, our investments in this region have been very lucrative and have given us tremendous ability to learn super high rise construction and adapt some of this technology in India. Our vast experience in India has enabled us to design products extremely well tailored for residential consumers. It has also given access to resident Indians to invest in Dubai,” he said.
According to the statement, the Chennai Township will be constructed over three phases.
Hiranandani Palace Gardens will be a self-sustaining community with offices, schools, health care facilities, shops, recreational facilities and public space set within 369 acres.
The project is located along the business corridor southwest of Chennai.
Chennai Township will offer a range of apartment sizes and styles designed to appeal to employees of major international companies located in its area.
Hiranandani said the township project has seen huge momentum from Indians working abroad.
“Dubai provides tremendous accessibility to this consumer base all over the world and our outfit here is thrilled with the response we’ve received,” he added.