First gated community project in Mysore
Bangalore-based Azven Realty, wholly-owned subsidiary of Azure Capital, is the sole selling and marketing agency for Integrated Township Project called ''Vedapuram'' developed by Mysore Realty Pvt. Ltd.
It is promoted by Levinstien Group of Israel, in financial partnership with Sulam Financials (Israel) and and IAG (India Accelerated Growth) Real Estate (Cyprus and Mauritius).
The consortium — Mysore Realty Pvt Ltd, has entered into an MoU with Karnataka Housing Board to market “Vedapuram” as residential project comprising plots and villas in Mysore.
Talking to Deccan Herald India Accelerated Growth Real Estate Chairman Alfred Arambhan said Vedapuram has an unmatched value proposition which includes world class infrastructure of internal roads, covered, underground utilities, and state-of-the-art amenities including a Club House and recreational facilities The project has been conceived over 75 acre of land located in Rajiv Nagar Phase III.
“With an investment over $5 million, through FDI, Levinstien Group is the lead investor. The project can be completed within 18 months”, he added.