County Group Invests Rs 5,000 Crore in Luxury Residential Project
Noida-based real estate developer County Group is set to invest over Rs 5,000 crore in the development of the ultra-luxury residential apartment complex, Ivory County, situated in Sector 115, Noida, covering 28 acres. The project, planned in three distinct phases over the next five years, is expected to generate a total revenue potential of Rs 7,500 crore. The initial phase will offer 1,500 units, with an average starting price of Rs 14,000 per square foot for Ivory County and Rs 16,000 per square foot for Ivory County 'Gold'.
Ivory County's strategic location near FNG Expressway, Noida Expressway, Delhi Meerut Expressway, and DND Flyover, coupled with its proximity to the heart of Noida city within 20 minutes, makes it an attractive choice for luxury and ultra-luxury end-users. Amit Modi, Director of County Group, emphasized the project's focus on delivering a premium living experience in an ideal setting, catering to the high-end residential market.
This ambitious real estate venture reflects County Group's commitment to meeting the demand for luxury housing in Noida and contributing to the region's real estate landscape.