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Jaypee Greens launches India's first Lake District in Jaypee Greens Sports City

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Announcement Corporate

WATG London designs the master plan.

Jaypee Greens (A division of Jaiprakash Associates Limited - a well diversified infrastructural industrial conglomerate in India) announces the launch of India’s first residential Lake District at Jaypee Greens Sports City on the Yamuna Expressway in Gautam Budh Nagar.

Lake District, spread over 200 acres comprises of apartments, is strategically located and well-connected with prime locations of Southwest Delhi and Noida, through the Noida-Greater Noida and the Yamuna Expressways.

The Project provides a variety of residential housing typologies varying from low density and low rise to high density and high rise, suiting a wide range of socio-economic lifestyles. The sizes of the apartments start from 850 sq ft for a 2 BHk to 2100 sq ft for a 4 BHK apartment.

 

The project is scheduled to be complete with in a period of 3 years from the date of commencement of construction work.

Commenting on the occasion Ms. Rita Dixit, Director, Jaypee Group., said, “At Jaypee Greens it has been our constant endeavour to develop state of the art projects to cater every individual’s needs. Lake District designed by world renowned architects & designers from WATG, London offers international ambience to the residents. It is my firm belief that a judicial mix of high rise, mid rise and low rise units offered at such competitive rates would definitely induce customers to come forward and own the house that suits their requirements.”

The master-plan of the Lake District provides a relaxed and quiet atmosphere with modern architecture, surrounded with perennially flowing canals and lakes. The Lake District is a part of a massive 2500 acres land being developed as Jaypee Greens Sports City, which was recently launched on November 7, 2009. The sport city will have in total 12 Districts and each would be based on a theme.  In the Sport City, Approximately 875 acres of land will be used in providing sports facilities like Motor race track, Go-karting facility, stadiums for various sports, etc

About Jaypee Group:
The Jaypee Group is a well diversified infrastructural industrial conglomerate in India. Over the decades it has maintained its salience with leadership in its chosen line of businesses - Engineering and Construction, Cement, Private Hydropower, Hospitality, Real Estate Development, Expressways and Highways.

The Jaypee Group is synonymous with creating premium lifestyle experiences through exclusive golf-centric real estate. The existing 452-acre development at Jaypee Greens, Greater Noida integrates homes with landscaped greens, resort living and commercial developments amidst an 18 hole Greg Norman golf course. It is a complete lifestyle destination offering individual homes and luxury apartments. Also, the facilities under construction are boutique spa hotel & resort in collaboration with ‘Six Senses Resort & Spa’, town centre, neighborhood social clubs, conference & banquet facilities, tempting eateries and 60 acre nature reserve.

Groups’ second real estate project- Jaypee Greens Wish Town, Noida is an epitome of extraordinary living. Spread over 1162 acres, it has been designed as a new and exciting place to live, work and play. It offers wide range of residences from independent homes to high-rise apartments and penthouses, numerous Graham Cooke designed golf facilities, landscaped parks and lakes along with excellent education facilities, international standard health care facilities, various recreational and entertainment centers

Disclaimer
Jaypee Infratech Limited (the "Company") is proposing, subject to market conditions and other considerations, a public issue of equity shares and has filed a Draft Red Herring Prospectus("DRHP") with the Securities and Exchange Board of India ("SEBI"). THE DRHP is available on the website of SEBI at www.sebi.gov.in and the websites of the BRLMs Morgan Stanley India Company Private Limited (www.morganstanley.com/indiaofferdocuments), DSP Merrill Lynch Limited (www.dspml.com), Enam Securities Private Limited (www.enam.com), ICICI Securities Limited (www.icicisecurities.com), Kotak Mahindra Capital Company Limited (www.kmcc.co.in), SBI Capital Markets Limited (www.sbicaps.com), JM Financial Consultants Private Limited (www.jmfinancial.in), IDFC-SSKI Limited (www.idfcsski.com) and Axis Bank Limited (www.axisbank.com). For details in relation to risk factors, please see the section titled "Risk Factors" in the DRHP.

"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN. These materials are not for publication or distribution, directly or indirectly, in or into United Sates (including its territories and possessions, any state of the United States and the District of Columbia). These materials are not an offer of securities for sale into the United States, Canada or Japan. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder that will contain detailed information about the company and management as well as financial statements."

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First Published: Dec 03 2009 | 7:44 PM IST

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