Developers are getting interested in developing India apartment for rent Tier II cities. As cost of land skyrockets in metros, developers looking to develop townships are increasingly attracted towards relatively smaller cities with a population that has the economic ability to purchase real estate.
This national assessment was not lost upon the Era Group, Delhi. They have now announced their foray into the realm of real estate with the launch of ERA Infrastructure (India) Limited. The thrust of their recent foray would be to bring planned real estate development into Tier II cities and industrial towns where the growth of real estate is relatively slow. The development would be in the form of integrated townships where need-based investments would be made by Era Infrastructure. In the first phase of development, the areas of Meerut, Faridabad, Palwal, Bahadurgarh, Agra, Allahabad and cities of Punjab will be covered. The Company has plans to reach other states of the country and currently has projects of more than Rs 2000 crores in the pipeline.
Era Infrastructure, as a practice would have in each of its residential projects upgraded facilities like swimming pool, squash and tennis court, restaurant, 24 hours security and fire fighting systems, health club, underground cabling and conceptual landscaping while the commercial complexes will be equipped with centrally air conditioned ambience, huge parking spaces, food court and 100% power backup. Moreover, all the projects will carry with them the USP of strategic location.
Providing top-notch facilities comes easy with Era as it has been actively involved in development of airports, power projects, multiplexes, institutes and industrial complexes. The precision construction demanded by these projects and the stringent quality norms set by clients has conditioned Era Infrastructure to consistently deliver quality under pressing time schedules. Says Mr. A.K. Seth, Senior Vice President (Commercial), Era Infrastructure (India) Ltd., “We are looking forward to fulfilling the requirement of the entire strata of the society by providing elegant homes and spacious workplaces for everybody. We in Era, work with the vision of providing consumer friendly spaces to the common man and our projects will be meant to do the same.” Lofty words but the Group is able to solidly back the claim. Its biggest advantage is the immense amount of expertise it has gained over twenty years from its past endeavours. Add to this a construction resource team of over 500 highly qualified and experienced professionals and a large bank of highly skilled personnel with all round experience in practically every facet of construction.
So the next time you pass along the outskirts of a Tier II city and see the skyline changing, you could well be witnessing the dawn of a new Era Infrastructure (India) Ltd.
| Location: | |||






















