The Media City In Noida

After The Film City, It Will Be The Media City In Noida, Upcoming Project Of Assotech Limited

After the film city, it will be the media city, which will find its place in Noida. Another upcoming project of Assotech Limited, a real estate solution provider company, the media city will have a built up area of 2,50,000 square feet. "We have almost finalised this project but it is yet to become public. We will advertise it in next one or two months," said Sanjeev Srivastva, managing director, Assotech Limited.
Elaborating on the need of media city, Srivastva said: "Our projects are demand-driven. A lot of media companies are looking for space in the NCR region. As majority of housing are in Noida and Indirapuram, it will be good to have workforce from nearby."

Established almost two decades back, Assotech started as a construction company. It was only a couple of years later that it started testing its strength as a real estate company.

"I think we are doing well, especially, because our core strength lies in the quality of construction," said Srivastva.

The ongoing residential projects of Assotech in the NCR are Crossing Republic in Ghaziabad and Celeste Towers in Noida. Other residential projects of Assotech are going on in cities like Gwalior, Bhubaneshwar, Orissa, Uttranchal and Bihar.

Elaborating of the uniqueness of its residential projects, Srivastva said: "Our residential projects have always been a hit, for we understand our customers' demands. Notably, we maintained subsidy in the last three to five years, when property rates touched sky, especially in the NCR region. Besides, the two-year warranty that we offer to our customers after possession, proves to be of great relief to them."

Assotech not only has interest in the residential projects but also in the development of other areas including commercial, hospitality, information technology, ITES and corporate spaces. Till date, it claims to have already handed over 4.80 million square feet built up area to its customers." Currently, the group is constructing approximately 3.60 million square feet of real estate area for its customers," said Srivastva.

Source: economictimes.indiatimes.com March-08-08