City Corporation Ltd. Launches Amanora Park Town

1st of its kind of township in Maharashtra

Pune, Maharashtra, IND, 2007-05-13 14:52:22 (IndiaPRwire.com)
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City Group, the leading real estate promoters and builders in the State of Maharashtra, have announced the launch of Amanora Park Town, a unique, exclusive and first ever complete township project in the state of Maharashtra, under Govt. of Maharashtra’s special Township Policy. The infrastructure like wide roads, reliable power supply, 24 x 7 water supply, cycle tracks, and footpaths will be developed across the township by the developer.

Maharashtra Government has very progressive township policy which takes care of changing needs of urban requirement. The implementation agencies like the Town Planning Department and the District Collector have taken up this pioneering work to set the benchmark for the planning of other such township.

Located at Hadapsar, the entire town ship is spread over 400 acres and will be a self containing property having schools, college, hospital, restaurants and sports complex within the township. The first offerings of Amanora Park Town will have 10 towers, each between 18-22 stories high; with the first phase of Amanora Park Town will include a choice of 680 apartments of 2, 2.5, 3, 3.5 and 4 bedroom luxury apartments.

On the occasion of the launch of Amanora Park Town, Mr. Aniruddha Deshpande, Managing Director, City Corporation Ltd. said, “This is going to be one of the most unique projects of current times in the state of Maharashtra. With Pune becoming a very important industrial and corporate and IT destination, there is a clear need for quality housing that takes care of everything from basics to luxuries all in a self contained manner. Amanora Park Town is going to be one such special township addressing the ever increasing demand for quality housing.”

Amanora Park Town is the only township that is 100% compliant with the charter laid down by the government of Maharashtra to demarcate a township from any other such projects. With everything from round the clock electricity and water, to a central management and tech-enhanced homes, Amanora offers comfort with convenience of the highest order. Amanora’s master planner Mr. Anuraag Chowfla prides that this is one of the most relevant habitat in today’s urban scene. Amanora Park Town is environment friendly, energy efficient with human and nature at it’s nucleus. The first offerings of Amanora Park Town – Amanora Towers 1-10 has been designed by P & T Consultants, Singapore based architects incorporated unique design elements such as special 3-dimensional layering effect, glass corners, spacious rooms, planters planned in the living room, separate study rooms, etc. allowing a greater comfort.

City Group has partnered with Intel Inc., for using their revolutionary technology to make Amanora Park Town futuristic and replete with an array of technological marvels, still very easy to operate. Many technologically advanced features like shopping for groceries and paying with your thumbprint, monitoring health statistics of the family on your cell phone and monitoring your CCTV protected home & garage from your laptop etc. are going to be provided to the Amanora citizens. Amanora Park Town will provide safe and secure environment.

Amanora Park town also works on an interesting concept of a 999-year renewable lease, which essentially takes care of disputes and clashes arising from non-payment of maintenance dues, clashes between members among others about usage of the space, time etc. The lease facilitates timely collection of all payments, arbitrates between clashes and ensures that the machinery of the township functions normally. The rights of the Amanora citizen are not affected as he can still buy or sell property and for all practical purposes still have the ownership rights and can avail a loan on the apartment, mortgage it or rent it for that matter. Amanora Park Town will be maintained by the developer.

3 Million sq. ft. of Amanora Market City is planned within the premises. This will have hotel, office spaces, club, multiplex, showrooms, hyper market etc.

Farmers – Developers Co-operation

Amanora Township is also an example of how the farmers and developers can create a win-win situation for both. Late. Shri. Vithal Patil-Tupe, Ex. MP from Hadapsar took the lead to consolidate the small pieces of land so as to make them buildable. Mr. Ashok (Appa) Tupe, Chairman and Mr. Mangesh Tupe MD of Aoujas Company of farmers played important part in bringing the farmers and developers together to see that the project becomes a role model.

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About City Group

City Group is a leading real estate development company based in Pune. With over 150 crores of completed projects in last 5 years, City group has to its credit some of the best residential and commercial projects such as 1 Modibaug, 10 Kasturkunj, Oxford Village, Spring Field AND Deen Dayal Nagar etc.

Indian Bank

Indian Bank is the lead and preferred Banker to the project both in financing the construction and the Housing loans. The customer has been offered very attractive and competitive housing loan terms by the bank.

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