subject: Inno launches GeoCity in Oragadam Chennai [print this page] Inno launches GeoCity in Oragadam Chennai
Inno, a leading global real estate investment group, today announced the launch of its flagship residential development project Inno Geo City in Chennai. Through its flagship project Inno GeoCity, Inno enters into real estate development in India. Designed by visionary architectural firm, Adlakha Associates, Inno GeoCity offers an elegant fusion of location advantage and value engineering.
Spread over a sprawling 131 acres and having 4 million sq. ft. of built-up area at the heart of Oragadam, Inno Geocity has got 4000+ individual dwelling units with exclusive rights over land for each house in the price range of 1722 lakhs. The first phase consisting of 1000 units will be ready in 18 months
Speaking at the launch, Mr. Rajamannar Ramaswamy, Group Managing Director, Inno Group, said "Inno has been closely working with European investors in canalising funds into the Indian real estate market. Our years of experience and understanding of the global real estate market gives us the confidence to enter into real estate development in India. We are confident, Inno GeoCity will be a landmark that will redefine suburban living in India."
Mr. Sajid Sathak, Managing Director, Inno Geocity, said "We are bringing back the concept of suburban living. With the total FDI in the Oragadam and Sriperumbudur area valued at US$ 16 billion and direct employment opportunity touching 300,000, the demand for residential and social infrastructure projects is expected to increase multifold in the years to come."
Inno Geo City is centrally located between Oragadam SIPCOT Park & Sriperumbudur SIPCOT Park and easily accessible from Irungattukotai SIPCOT Park & Mahindra World City.
