Ivory County, an ultra-luxury housing project in Noida, would be built by the Delhi NCR-based County Group with an investment of Rs 5,000 crore spread over five years, the business announced.
Top corporate executives stated that the project, which is situated in Sector 115 of Noida, close to the Faridabad-Noida-Ghaziabad (FNG) Expressway, has an approximate income potential of Rs 7,500 crore.
Ivory County, according to Amit Modi, Director of County Group, will be developed in three stages over the course of the next five years, offering 2,372 units in total.
“Ivory County and Ivory County Gold are the names of the luxury and ultra-luxury residential zones that will make up the 28 acres that make up the total project. There are 1,500 units available in the first phase, all of which have already been sold out. With an approximate sales realization of Rs 7,500 crore, the group plans to invest close to Rs 5,000 crore over the course of the next five years through bank financing and self-funding, he stated at a press conference.
