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adProperty News

Mayfair to build 12 housing complexes across kolkata
Source : Financial Chronicle Published On : 2009-04-30 City : Kolkata

PEOPLE in the lower and medium income group segments in Kolkata, who had kept their buying decisions on hold because of the ongoing slowdown, seem to be revising their decision.


Encouraged by the buoyant response from the prospective buyers, city-based realty player Mayfair Group, is building a dozen housing complexes, catering to the needs of the segments. The projects are coming up in different fringes of the city. Mayfair Greens, the biggest of them, will have 125 dwelling units— between 1,240 and 2,040 sq ft.


“There has always been and will always be some demand where there are actual end-users, the economic slowdown notwithstanding. They had kept their buying decisions on hold for some time, thanks to fear-psychosis. But we can tell you from our own experience that these are maturing now,” Rahul Gupta, director of Mayfair group, told FC Estate.


The various residential projects from Mayfair group include Mayfair Greens (EM Bypass Extension, Narendrapur), Mayfair Eternity (Narendrapur), Mayfair Residency (Off EM Bypass), Mayfair Venezia (Madurdaha), Mayfair Emerald (Nayabad), Mayfair Espana (Biren Roy Road, Behala), Mayfair Pearl (Nayabad), Mayfair Ruby (Nayabad), Mayfair Sapphire (Nayabad), Mayfair Topaz (Nayabad), Mayfair Petal (Madurdaha) and Mayfair Daffodil (Madurdaha, Kalikapur).

“The aspirations of the peopleliving in these fringe areas and inthis income group have gone up significantlyover the years. What theywant is better living, specifications,design, more ventilated flats andurban amenities at an affordableprice. That’s exactly what we areoffering them at Mayfair Greens and elsewhere,” said Gupta.


“At Mayfair Greens, each apartment’sorientation will come as a breath of fresh air. Each one hasbeen designed such that it is crossventilatedso that the breeze touches every corner of every

Room,” he added.


The six towers of Mayfair Greens will offer 3 and 4-bedroomapartments (in sizes ranging between 1240 sq ft and 2040 sq ft). The price varies from Rs 1,800 torso 1,950 per sq ft (exclusive of car parking).


With the apartments come added luxuries, including gymnasium, children play room, poolroom, dart and table tennis room, swimming pool, cyber café, children’s play area, AC community

Hall and fishing pond, to mention just a few.


“Mayfair Greens also offers its occupants easy access to leading educational institutions, hospitals and malls. They also provide residents with comfort and privacy fan independent home within a private enclave. We see great interest among the people, living in distant suburbs and far-flung districts, to buy a unit here. They are mostly salaried people and our long-standing associations with banks such asSBI, IDBI, ICICI, AXIS and others will come in handy for them,”Gupta added.



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