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Ireo Commences Handover of its Signature Project -The Grand Arch

Ireo, India’s first and the largest FDI investor dedicated to Indian real estate sector, has commenced the handover of apartments at its flagship project, The Grand Arch, situated on Golf Course Extension road in Sector 58, Gurgaon. The occasion was officially marked by the maiden handover wherein Lipi Ray, Head-CRM & Nitya Mohan, Head – Resident Services, handed over the apartment keys to Mrs. Ranjana Garg, the first customer to take possession of her apartment at The Grand Arch. Mrs. Garg commented on the occasion: “Ireo team has been very cooperative and I have actually taken possession of a flat in record time for the first time, which is really commendable. Everything was up to the mark and every member of the team has done everything they could to make it a pleasant experience for me.”
The handover of apartments has been planned over two phases. The current Phase 1 of handover will cover four towers and the remaining towers will be subsequently handed over in Phase 2. Construction of Le Club, the 30,000 sq ft double storeyed club facility at The Grand Arch, is also almost complete and is expected to become operational during Phase 1 of the handover itself.
The Grand Arch incorporates a number of features that make it the epitome of modern living. Its unique ‘arch’ tower is the world’s tallest and widest residential arch, which is taller and wider than Arc De Triomphe of Paris and DIFC Arch in Dubai. The spacious apartments are four side open with high ceilings and floor-to-ceiling double glazed windows. Finishing details like natural stone floors in Living/Dining, engineered wood floors in main bedrooms, modular kitchen, high quality tiles in bathrooms, superior WC/CP fittings from world famous brands like Grohe and RAK, give these apartments a chic and modern look. A host of home automation technology based infrastructure and services have been provided in apartments including pre-laid Fibre-to-the-Home (FTTH) cabling for usage of broadband-based entertainment services like IPTV, HDTV, 3DTV etc., intelligent wiring to support multiple internet/cable service providers and a Video Door Phone System that allows video talk between the apartment and the main gate. Residents can indulge in various sports and recreational activities with facilities such as a bowling alley, lounge bar, spa & salon, squash courts, temperature controlled swimming pool, sports hall with badminton/basketball courts, outdoor terrace with F&B facility, and more.
Various resident welfare measures have been planned including a shuttle bus service for easy access to specified areas around the neighborhood community, a 24 x 7 ambulance service, and concierge services to assist residents in their business and lifestyle needs.
Mr. Lalit Goyal, Vice Chairman & Managing Director, Ireo said, “It is a moment of great pride to handover the possession of apartments at our very first project, The Grand Arch. The occasion marks a major milestone for us and highlights our deep commitment to our customers. We extend a very warm welcome to all the residents and thank them for their continued faith in Ireo.”
About IREO:
Ireo is the first and the largest Private Equity Fund dedicated to the Indian real estate sector with nearly US$2 bn of funds committed to India. The Group has a pan India footprint with a land bank of more than 4500 acres and 23 projects in prime locations across NCR, Haryana, Punjab, Tamil Nadu and Maharashtra under various stages of development and implementation. Recent successful project launches from Ireo have been “Ireo Skyon”, “Ireo Uptown”, “The Grand Arch”, “Ireo Victory Valley” and “Ireo Gurgaon Hills” in Gurgaon and Ireo Rise in Mohali. It is also developing integrated township projects with residential, commercial and retail developments accompanied with amenities such as schools and hospitals in Ludhiana, Gurgaon and Panchkula named Ireo Waterfront, Ireo City and Ireo Fiveriver respectively.
Ireo has been present in India since 2004 and has evolved as a fully integrated real estate organization. Ireo’s team consists of internationally experienced and accomplished Indian and expatriate professionals from diverse backgrounds to lead initiatives and to deliver best in class products and services to their customers.
IREO has a global blue chip investor base and marquee strategic partners.
For further information please visit: or contact: Pankaj Tiwari /Pooja Sikka@ Image Inc Public Relations @8447595982/9811708711

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