Cochin, India: “Asten Realtors, an Asten Mather Company will be investing Rs 1000 crore over the next three years”, said Siraj Mather, Managing Director of the company while announcing its Rajagiri Project in Kochi on Tuesday.
„We are investing Rs 480 crore to develop the Rajagiri Project, which includes residential apartments, a luxury hotel and a 6.5 lakh square feet of shopping mall. This is located in a 100 acre Rajagiri Vidyapeetom Campus premises at Kakkanad“ stated Siraj Mather. The project being developed in a 6.5 acre plot will have residential area of 8 lakh square foot with 368 apartments costing around 65 lakhs.
„The growth of Infopark is one of the factors which attracted us towards Rajagiri. The volume as well as the nature of spending of young IT professionals makes the project viable“ says Siraj Mather. The total built up area of the project, both residential and commercial combined, will be 14 lakh square foot, which makes it one of the largest projects in the state, stated Raffi Mather, Joint Managing Director of Asten Realtors. There will be 1200 car parks, and also after three years the Rajagiri Project will be able to create 5000 direct jobs, he noted.
M/s Thomas Associates is the architect for the project and the project management is undertaken by Synergy, the leading Project Consultancy in India. Thomas Associates is one of the best-known architectural, engineering and interior design firms in the country, with over 1500 prominent landmarks across South India. Some of their projects include internationally renowned hotels like The Leela Palace, Forum Mall, UB City and Titanium in Bangalore. Asten Realtors will be the first builders in Cochin with a Thomas Associates design.
Asten Realtors also has other projects lined up for the next three years. It has started a project in Kanjirappally Asten Dew Dale targeting NRI population. The company has also completed 70% of its villa project in Koonamavu near Varappuzha. On January, 2013 Asten will launch a villament project at Mudickal on the Aluva -Perumbavoor road. Villament is a relatively new concept and is a cross between luxury waterfront apartments and villas in Kerala.
About the Company:
Asten Realtors is an Asten Mather company, a realty enterprise that seeks to deliver integrated living for its customers through innovation and professional management. With its own unique concepts and these partnerships; Asten Realtors is on its quest to transform Cochin into a truly world-class city. Asten will be launching waterfront villas and apartments in Kerala very soon.
For more information about builders in Cochin and Siraj Mather, please visit: http://www.astenrealtors.com
Contact:
Corporate Office
Asten Realtors Pvt. Ltd
Compass, NH – 47 Bypass, Chakkaraparambu , Near Vysali Bus Stop, Cochin, Kerala, India, 682 032.
Tel : +91 484 4025137 , Mob : +91 – 90618 11111 ,+91 – 90617 22222
Overseas Office
Asten Homes Commercial Brokers LLC
Off # 221; Sultan Business Centre, Nr Lamcy Plaza, Oud Metha Area, Dubai – UAE.
Tel : 00971 4379 5003, Fax : 00971 4379 5004, Mob : 00971 56 1149544