Mumbai, September 20, 2024: ‘Belicia’ a luxurious residential project in Thane being developed by Prescon Group in collaboration with the esteemed House of Hiranandani has generated over 200 crores in revenue in Q1 of FY 2024-25, driven by the sale of more than 80 units.

Speaking on the occasion Mr. Vedanshu Kedia, Director of Prescon Group said, “We are thrilled at achieving this remarkable milestone which underscores the strong market demand and the unparalleled appeal of our luxury offerings.

As we continue to redefine upscale living in Thane, this achievement not only reflects our commitment to excellence but also positions Belicia as a beacon of luxury and a promising investment opportunity. We look forward to maintaining this momentum and delivering even greater value to our esteemed customers and investors, going forward.”

Belicia, a landmark 48-story tower sprawling across 1.5 acres, is redefining luxury living in the Thane region with an RERA possession date set for June 2028.

Located on the prestigious Nitin Company Compound near Nitin Company junction, it offers a prime address with easy access to top-tier local transport, esteemed schools, renowned hospitals, business centers, malls, and dining options.

Belicia offers luxurious 2, 3, and 4 BHK apartments ranging from 779 to 1546 sq ft, starting at Rs. 1.85 crore. Each unit features marble flooring, expansive decks, ample natural light, and ventilation, with select apartments including foyer areas for added privacy. Residents will enjoy panoramic city views and serene Yeoor Hills vistas, with the first habitable floor starting on the 7th level.

According to a recent report by PropEquity, a leading real estate data and analytics firm, Thane has emerged as a standout performer in the real estate market for the first quarter of the calendar year 2024.

The city achieved significant sales momentum, recording 26,702 units sold during this period. This impressive figure places Thane among the top cities in terms of quarterly sales, highlighting its robust real estate activity and growing market demand.

The strong performance reflects a continued upward trend in property transactions and underscores Thane’s prominence in the real estate sector.

The recent approval by the Union Cabinet for the Thane Integral Ring Metro Rail Project marks a significant milestone set to transform urban mobility and real estate in Thane.

Set to become operational by 2029, this project will create vital connections between key residential and commercial hubs, driving substantial growth in the region. As a result, this will further epitomize Thane as an attractive market for investment and appreciation; significantly enhancing the area’s overall economic prosperity.

Panch Pakhadi in Thane (W) saw an 11% price appreciation and 3.02% rental yields in 2022, outperforming other Thane micro-markets.

Limited housing supply, superior infrastructure, and upcoming projects are driving this growth. The area’s vibrant commercial hub around Nitin Company further boosts demand. With continued urban development, Panch Pakhadi offers strong investment potential and expected future returns.

Belicia in Panch Pakhadi, Thane is a prestigious address due to its strategic location near the Eastern Express Highway, Thane Railway Station, and upcoming Metro Line 4.

Its rapid infrastructure development and connectivity make it highly desirable for both residential and commercial real estate, positioning it as one of the region’s top addresses.

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• Megaleio enjoys the most unique location in Appa Junction Peerancheru, with just 20 minutes away from the RG International Airport and 15 minutes from Financial District.

• With 50 floors and 150 opulent exquisite residences, Megaleio’s iconic towers will be visible from the airport, making the architectural marvel a modern-day landmark.

• With sustainability at its core, the RERA approved project boasts of stunning design with double-height ceilings, conscious façade, expansive interiors, and IGBC certified, LEED-designed

National/Hyderabad 23^rd May 2024 The city of Pearls is about to have its new crowning jewel. Navanaami Projects Private Ltd., the leading real estate developer from Hyderabad, unveiled its architectural magnum opus – The Megaleio – in the city, today. Planned as a luxurious residential project, Megaleio is envisioned to be Navanaami’s flagship showcase of thoughtful design thinking and a testimony of its relentless pursuit for quality, innovative designs, and true luxury architecture.

Navanaami’s Megaleio was unveiled at a star-studded gala event by Mr. Naveen Gadde, Founder & Managing Director, Navanaami in the presence of Mr. Rajeev Kumar Sharma, Principal architect, DesignHaaus and internationally renowned consultants from Tierra Design, ARUP Optimisation consultants along with other directors and guests.

Speaking on the occasion, Mr. Naveen Gadde, Founder & Managing Director, Navanaami, said, “The launch of Megaleio is a dream come true for all of us. At Navanaami, it is our commitment to push the boundaries of design and innovation. Megaleio represents a harmonious convergence of design, sustainability, and uncompromising luxury. As we work towards making our dream a tangible reality, we are proud to share that Megaleio will stand as a celebration of Hyderabad’s rich heritage and a bold statement of its aspirations for the future. We invite the world to experience a new paradigm of living, where the boundaries of imagination are pushed, and every moment is a celebration of the extraordinary.”

With just 20 minutes away from the Rajiv Gandhi International Airport and 15 minutes from Financial District, Megaleio enjoys the most unique location in Appa Junction Peerancheru and is well connected to major roads like Nehru Outer Ring Road and NH 163.  Spread over 4.1 acres, Megaleio will be surrounded by a 1200-acre of greenery and in the vicinity of protected waterbodies Himayat Sagar and Osman Sagar, promising the future residents a natural ambience.

A dream project for the organization, Megaleio has been conceptualized as an architectural marvel for Hyderabad. Megaleio’s towering presence in the region is characterized by two iconic towers, comprising a total of 50 floors and 150 opulent exquisite residences. The twin towers establish Megaleio as an awe-inspiring landmark for the city.

The RERA-approved project boasts of a stunning design with double-height ceilings, a conscious façade, and an expansive interior that creates a remarkable ambiance. The 150 meticulously crafted residences, each a canvas of opulence and sophistication, is divided in three units: Skyline tower units with an area of 11,111sq.ft; Unity tower units with an area of 9999 sq.ft and 8888 sq.ft.

Further to being at the heart of nature, Navanaami’s Megaleio will have sustainability built-in right at the centre of the project. Crafted in collaboration with a constellation of world-renowned architectural design and engineering firms, including DesignHaaus, Tierra, Arup and Optimisation Consultants Megaleio epitomizes the harmonious fusion of architectural ingenuity and sustainable living. From its double-height ceilings and conscious façade to its IGBC certified and LEED-designed residences, every aspect of Megaleio will be meticulously curated to minimize its environmental footprint while maximizing luxury and comfort.

Catering to an audience of high-net-worth individuals, Megaleio has unparalleled amenities and facilities elevate the concept of ultra-luxury living to new heights. Residents will revel in branded kitchens, state-of-the-art home automation systems, noise-controlled windows, opulent bathrooms, and sustainable features that seamlessly blend eco-consciousness with sophistication. Private garages with EV charging capabilities, soaring 9-foot doorways, and internationally sourced flooring materials further amplify the exclusive allure of Megaleio.

With the iconic landmark that it promises to be, Megaleio has already captured the imagination of discerning buyers.

About Navanaami

Navanaami Projects Private Ltd, a pioneering force in Hyderabad’s real estate, epitomizes innovation, sustainability, and luxury. Founded in 2005 by Mr. Naveen Gadde, it stands as a beacon of excellence, redefining the cityscape. Navanaami blends functionality with aesthetics, crafting eco-friendly spaces. Collaborating with national and international experts, it delivers unparalleled value to clients. As a member of CREDAI, Navanaami contributes to industry development. From humble origins to a team of 100+ experts, Navanaami embodies integrity, transparency, and quality, shaping a future of elite living.

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TARC KAILASA, a 1.7 million square feet development spread over a strategically located 6-acre land parcel, comprises 5 high-rise magnificent towers beautifully designed by renowned architectural practice Andy Fisher Workshop – Singapore.

The Company has thoughtfully chosen Arabian Construction Company as its construction contractor considering their expertise in high-rise construction and the large number of delivered projects all across India and also UAE.

Amar Sarin MD & CEO of TARC Limited expressed his views on the meticulously designed project that never before offered the amenities and luxury that the buyer community has been longing for in New Delhi, India.

Be it the expansive spread, the high ceilings, the 3 sides open design for light and ventilation, very high-end specifications, private lift lobbies, and the all-weather pools, KAILASA has been designed to provide the solace and tranquility we all long for.

The 170,000 square feet of entertainment areas, the 7-tier security, the concierge services, and the large apartment formats at KAILASA have something and more for each member of your family stated Amar Sarin (MD & CEO).

TARC KAILASA has a revenue potential of over INR 4000 Crores, and the Company reported garnering a tremendous response.

Commenting on the growth and transformation of the residential real estate sector Amar Sarin shared his very positive views and belief on the growth trajectory that India is witnessing and the greater growth opportunities going forward under the admirable and glorious leadership of our revered Prime Minister Shree Narendra Modi Jee.

TARC Limited recently got a new brand identity, which in consonance with the values and traditions that are adopted by the Company is Inspired By India.

Thanks & Regards,

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