First of its kind, a world-class development offering a residential haven & commercially viable investment opportunities
FOR IMMEDIATE RELEASE / PRURGENT
New Delhi, 1st October'2009: Following the mantra of ‘Reliable, High Quality & Progressive’, AIPL AMBUJA, the country’s upcoming real estate major, brings to the city of Amritsar a unique and modern integrated township - ‘DreamCity’. Central to the concept of DreamCity is hassle free living. Strategically located on National Highway 1, the modern & elegantly designed township offers a well planned, congestion free living experience.
‘DreamCity’ is a modern suburbia containing everything from immaculately designed luxury villas, independent floors, condominiums, hospital, commercial complexes, school and a luxury hotel giving it the differentiated edge that makes the best in world class integrated living. With an investment of over Rs.600 crore, it is bound to create a bench mark in the region.
Promising its residents an upscale and international living experience, DreamCity Amritsar, will offer a total of about 900 residential units which include over a hundred premium villas, high-end DC Floors and plots. India’s first Bharti Wal-Mart has already commenced its operations on an area of over 3 acres covering 50,000 sq. feet.
Speaking on the occasion Mr. Gurpreet Singh, CEO, AIPL AMBUJA, said, “We take pride in developing the first world class township in the pious city of Amritsar. We will develop a mixed use Integrated Township - which incorporates commercial, residential, retail and hospitality verticals. We will create unique value propositions, supported by superior design, planning, infrastructure, and execution to achieve our vision.”
Designed by internationally acclaimed architect Hafeez Contractor, DreamCity Villas developed along the design principle of Neo- Victorian architecture will be available in 4 categories with generous interiors of high ceilings and spacious rooms
- Belmont Villas : Built on a 250 sq. yard plot, an area of 2800 sq feet offers 3 bedrooms + 1 staff room, formal & informal living areas, family room, dedicated pooja areas, parking place available for 2 cars, beautiful terrace on first floor and roof top.
- Northwood Villas: Built on a 325 sq. yard plot, an area of 3500 sq feet offers 3 bedrooms + 1 staff room, formal & informal living areas, family room, dedicated pooja area, bed room on ground floor with a view of greens, parking place available for 2 cars, terrace on top floor.
- Richmond Villas: Built on a 400 sq. yard plot, an area of 4600 sq feet offers 4 bedrooms + 1 staff room, formal & informal living areas, family room, dedicated pooja area, parking place available for 3 cars, sufficient light & ventilation, terrace on top floor.
- Waterford Villas: Built on a 500 sq. yard plot, an area of 5600 sq feet offers 5 bedrooms + 1 staff room, formal & informal living areas, family room, dedicated pooja areas, parking place available for 3 cars, sufficient light & ventilation, terrace on the first & top floor.
DreamCity has been developed, keeping in mind 21st Century lifestyle and facilities including:
- Commercial: India’s first Bharti Wal-Mart “Cash & Carry” store - the world’s largest super store, Mega shopping arcade with the best of brands in entertainment, hypermarket, food court, Multiplex, New Age Offices and more
- Recreation: State-of-art club house including spa, pool, gym, squash court, badminton court, Tennis court, restaurant and bar.
- Eco Friendly : Use of recyclable products, gypsum ceiling, glass & MDF, 90% use of regional material, eco-friendly construction practices, optimum use of natural light & air, wide open spaces with green areas amongst others.
- Conveniences: World class medical care facility, School of international repute, luxury hotel, restaurant complemented by green and pollution free environs.
- Amenities: Wide roads supplemented with walk ways & lit with compact fluorescent lamps, High-tech security, efficient power distribution, regulated parking facilities, underground cables for telephone, electricity, fiber optic network for superior e-connectivity, rain water harvesting system, regulated water supply, underground sewerage system, sewerage treatment plant, solid waste management system, storm water management, meticulously planned landscaping & plantation to improve quality of air spread throughout the township to maintain the ecological balance.
- Location: Situated right on National Highway 1, Delhi –Amritsar highway, DreamCity is located well away from the congestion of the city & yet offers quick access to the neighboring areas. It is just 3.2 kms away from Amritsar Gate / The Millennium Gate, 10.3 kms from the Golden Temple, Amritsar Railway Station & Bus Stand is only 10.5 kms & 8.7 kms respectively & the Airport is 24.0 kms. The city is experiencing significant investment in the up-gradation of its road network. The new elevated road which is nearing completion will reduce the travel time from DreamCity to the Golden Temple to approximately 10 minutes.
DreamCity is not just a project but a step towards realizing a vision of achieving a leadership position through excellence in design, quality and service. The meticulous designing and unmatchable features of this modern integrated township offers unique hassle free living while keeping the royal splendor of Amritsar intact. DreamCity will be the most luxurious and privileged address for people who have their business, professional, social or religious interests in Amritsar and adjoining areas. The increased booking at DreamCity has validated the need for a well planned & meticulously designed township. Dream City will benefit from a deliberate focus on inhabitation, another differentiating factor.
AIPL AMBUJA – a concrete venture
‘AIPL AMBUJA Housing & Urban Infrastructure Ltd.’ was established in 2006 with the joining of India’s two leading real estate players with the primary objective to develop world class structures & provide high quality housing solutions tailor made to match contemporary lifestyles. AIPL AMBUJA is a joint venture of Ambuja Realty & Advance India Projects Limited with a 45% stake each and Infrastructure Leasing and Financial Services Limited (IL&FS) retaining the remaining 10%.
AIPL AMBUJA combines the expertise & experience of both the companies and proposes to develop world class integrated mixed use townships that incorporate commercial, residential, retail and hospitality verticals under the brand name christened ‘DreamCity’, with footprints pan India, involving an investment of Rs.1,200 crore spread over next three years. AIPL AMBUJA plans to develop more of such ‘DreamCity’ townships in Northern India starting with the State of Punjab and focusing at various niche locations including Amritsar, Khanna & Mohali amongst others.
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