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Archean Group forays into real estate
Pm News Bureau
Tuesday, June 26, 2012, 15:59 Hrs  [IST]

Archean Design and Development, the real estate arm of $550-million Archean Group, plans to develop a landmark residential project, ADD Albatross, in Chennai, and thus foray into the real estate.

Phase-I of Albatross will have three towers of G+ 27 floors with an aim to develop a modern lifestyle community in Chennai.

The company will bring together the expertise of world renowned consultants with SRSS Singapore as architects, Meinhardt Singapore for civil, structure and MEP, IBA New York for facade, Sitetectonix Singapore for landscape, and Windtech Australia for wind tunnel engineering. The project will comrpise 537 apartment units spread over 8.35 acres on IT Highway, OMR (Old Mahabalipuram Road), Chennai.

Nakshatra Roy, Managing Director, Archean Design and Development, said, "At Archean Design and Development we are determined to build modern progressive living spaces to enhance the quality of living. For Albatross, we have teamed up with some of the most renowned international consultants to provide exclusivity in building design and architecture, sustainability, global expertise, and modern lifestyle facilities at the project and ensuring our customers share the pride of owning one of these apartments in the city."

The construction commenced this month and the company hopes to hand over its debut project by 2015.
 
                 
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