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Last updated: 27 Sep, 2014  

Ireo Announces the Launch of 'The Corridors'

PR Newswire | 02 Aug, 2013
NEW DELHI: Ireo, India's first and the largest FDI investor dedicated to the Indian real estate sector, announced the launch of 'The Corridors', one of the largest residential complexes in Gurgaon spread over 37.5 acres in Sector 67(A). The development encompasses 10 acres of contiguous greens and a 2-acre clubhouse that is one of the largest in Gurgaon. This sprawling condominium integrates Ireo's signature homes with a range of leisure facilities, sports infrastructure as well as convenient location of all basic amenities - making it one of the most attractive residential zones in the city.

The Corridors has been envisaged as a self-contained ecosystem with comprehensive physical and social infrastructure. The master planned complex comprises of 1780 apartments in configuration of 2,3 and 4 BHK units ranging from 1296 - 2740 sq. ft. with price starting at 1.4 Cr. Nearly 10 acre of the development is dedicated to community amenities including 5 acre standalone school, hospital and retail facility.

A distinctive feature of The Corridors is its choice of leisure facilities. For health and fitness enthusiasts, it is a mini sports city with the widest array of indoor and outdoor sports amenities including football, tennis, futsal, basketball, swimming and fitness trail with distance markers. The double-storeyed clubhouse spanning over 2 acres offers a plethora of entertainment and leisure options including restaurants, banquet halls, spa and a meditation center.

At The Corridors, 10 acres of interconnected green courtyards form the breathing lungs of the community. Ground floor apartments have private gardens that overlook these central greens. Higher floor apartments enjoy picturesque views of the thick foliage. The larger external courtyards accommodate play areas, sports facilities, relaxing gardens and shaded seating areas.

The main entrance of the complex will open on to a 90-meter wide access road that will connect directly to NH8. Sector 67 A is in close proximity to the proposed 215-acre university campus coming up in Sector 68. A range of government planned public utilities such as mini-secretariat, educational, cultural, medical and religious institutions, sports grounds and stadium will be coming up in the neighboring sectors, which will complement the facilities at The Corridors. The construction is expected to be complete by 2017.

Speaking on the occasion, Lalit Goyal, Vice Chairman at Ireo, commented: "Our endeavor to enhance the comfort and joy of living lies at the core of each Ireo project. While conceptualizing The Corridors, we took into account the paucity of time in today's hectic lifestyle. With state-of-the-art sports and fitness centers, leisure facilities and basic amenities within the complex, residents at The Corridors will be able to create work-life balance within the precincts of their home."

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: http://www.ireoworld.com

Primary Media Contact: Pankaj Tiwari, pankaj@image-publicrelations.com, 91-8447595982

Secondary Media Contact: Pooja Sikka, pooja@image-publicrelations.com, 91-9811708711
Photo: http://photos.prnewswire.com/prnh/20130802/631216

 
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