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The significant investment is poised to yield substantial returns, with a projected revenue of about INR 2000 Crore from the entire project
India, April 24, 2024: In a move set to redefine luxury living in the city, Experion Developers, a fully FDI-funded premium real estate developer and a wholly owned subsidiary of Experion Holdings Pte Ltd, Singapore, today announced the development of its prestigious luxury housing project “Experion Elements”. This ultra-premium project, spanning 4.76 acres, will offer an exclusive collection of 320 meticulously designed 3 and 4 BHK residences across two phases.
Strategically located in one of the most sought-after neighbourhoods, Experion Elements will be built on land acquired by Experion Developers through a government auction. The opulent offering will be developed over a total area spanning more than one million square feet and become the epitome of luxury and elegant living. Its first phase comprising 160 units is slated for completion within the next 2-3 years, while the entire project is expected to be delivered within a span of 5 years.
Experion Elements promises to offer an unmatched living experience with its exclusive collection of lavishly appointed 3 and 4-BHK residences starting at an attractive price of INR 4.97 crore. The project’s funding is being facilitated through a combination of internal accruals and revenue from sales. Based on current projections, Experion Elements is expected to generate a total revenue of approximately INR 2000 crore upon completion.
Sharing insights on the project, Mr. Nagaraju Routhu, CEO of Experion Developers said, “Experion Elements represents our long-standing commitment to delivering unparalleled living experiences that transcend expectations. With this iconic development, we aim to set new benchmarks in luxury housing by seamlessly blending architectural brilliance, state-of-the-art amenities, and an uncompromising attention to detail. Experion Elements will undoubtedly be a crowning jewel in our portfolio.”
“Our vision for Experion Elements is to create a sanctuary of exclusivity and elegance that caters to the discerning tastes of the city’s elite. Every aspect of this development, from the meticulously crafted residences to the curated amenities and services, has been thoughtfully designed to elevate the concept of luxury living. We are confident that Experion Elements will redefine the standards of opulence and set a new benchmark for premium housing in the region.”, he added.
Leveraging its in-house expertise and collaborating with a team of renowned architects, designers, and contractors, Experion Developers is committed to delivering a world-class living experience that exceeds the expectations of its discerning clientele. The project’s construction will adhere to the highest standards of quality, incorporating cutting-edge technology and sustainable practices.