Kolkata, June 30, 2011: The Zuari Group has now diversified into the real estate sector with an integrated township project called the Zuari Garden City which is about to come up in Mysore spanning approximately 76 acres of land. On this the Zuari Industries Limited Chairman Saroj Poddar said that "We were always interested in adding value to the land we've traditionally owned in several parts of the country and this is just a beginning…" Though they own lands in Goa, Delhi, Kolkata and Paradip, they decided to buy land in Mysore to mark their entry into the real estate market keeping in mind the strong performance of South Indian realty market when compared to the rest of India over the last two years. Apart from these The Zuari Group, a part of the the K. K. Birla Group has a strong presence in South India with interest in industries like fertilizing, cement, engineering, etc. The Zuari Group of companies has operations that span the entire range of related and non-related industries inclusive of both subsidiary and joint venture companies.
The Zuari Group for their first lucrative real estate venture has chosen Axiom Estates, a leading international provider of India property services for their PMC [Project Management Consultancy], under which Axiom Estates would be responsible for the construction, designing, management and marketing of the project. This is a one of its kind project of Axiom Estates in South India, beside which it is also involved in real estate projects with initiatives in Goa and a spiritual living space in Vrindavan. Axiom Estates has its presence across India with offices in Kolkata, Mumbai, Delhi, Chennai, Bangalore and Goa. The company specializes in areas like property management, project management and property investment solutions to cater to all potential investors willing to invest in the Indian real estate sector. Axiom Estates' extensive network and marketing arrangements with the leading players in Indian real estate gives it a comfortable access to the dynamics of the real estate market. Moreover Axiom Estates has specially designed a Knowledge Integrated Program [KIP] to provide accurate and relevant advisory services to all its clients.
Riya Chakravarty
Phone: +91 33 4020 4020