Overview
International Land Developers Ltd (ILD) & Millennium Spire Ltd (MSL) have joined hand together to create an architectural wonder “ILD SPIRE GREENS”.
The project is ideally located at Sec-37 C, Gurgaon the most enviable and prestigious residential project in the Capital’s neighborhood with 65% greenery to maintain harmony with nature. ILD Spire Greens offer 2-4, bedroom apartments with an area ranging from 1175 sq.ft. to 3450 sq. ft. & penthouses with an area of 5200 sq. ft. to choose from which combine modern design and stylish elegance.
These apartments have seen exquisitely designed by the joint venture of three renowned Architecture companies namely BDP Groupe 6(France), Abaxial Architects (Delhi) & Ajoy Chowdhary & Associates (Delhi)
About Developers: ILD, known by the name of International Land Developers, was founded in the year 2006 under the successful parent/ holding company of “ALM Group” since 1990.
In order to allow customers and clients to make their best choices, ILD forms a think tank of leading architects, interior consultants, management specialists, global finest brands in design/ construction and decorative material inputs etc.
According to the value for money the group is determined to provide prompt services, quality construction/ assurance, timely possession and customer satisfaction to the fullest extent in all its real estates ventures.
The group promises to challenge the standards set by the industry to spread more edges and mileages for the customers and also wishes to create innovative architecture to transform its real estate vision into reality. Thus it endeavors to set up new marvels in the real estate arena.
Millennium Spire is Singapore-based private equity firm. It has announced investment of $200 million in India’s realty sector in next one year. It is reported that the company would invest in real estate projects in the national capital region and Coimbatore in mix use complexes, IT parks, residential and commercial areas.
Coming with some more new delhi real estate projectas – Millennium Spire (MSL) aims to produce a superior, total return by investing in Indian real estate. It looks to capture a broad return spectrum through ground level investing, branding and intelligent design to create exit value, tight project management and appreciation in land value. The Fund has a target internal rate of return in excess of 25% over its 5 year lifespan.
Millennium Spire aims to exploit an early mover advantage by focusing primarily on residential and mixed use projects in high growth cities, with a secondary focus on opportunistic commercial and retail development. The Fund will take advantage of a market characterised by a significant shortage of quality real estate across the board, fragmented regional players, and investor concerns about quality, transparency and control.
Investment Approach:
Millennium Spire’s investment approach will focus on three key tenets:
· Concentration on core fundamentals by targeting growth cities with low entry costs and developing infrastructure;
· Leveraging geographic strengths by focusing on locations where significant local level relationships and government contacts exist;
· Diversification of projects by location, sector and size, with a focus on end users and demand trends
