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The only 100-meter skyscraper in South Delhi, Sky Mansion, has gotten an advance Occupancy Certificate and is now ready for habitation. Risland India is the project developer; the parent firm is based in Singapore.
Across the world, Risland is present in nine nations and regions (India, UK, US, New Zealand, Australia, HK, Thailand, Indonesia, Malaysia). Its total residential portfolio is valued at one lakh crore.
At the opening of “The Celebrity’s Table,” the Sky Mansion restaurant in the project’s Club, CEO of Risland India Dr. Jonathan stated, “Sky Mansion was officially launched in 2020, and we are offering possession to our customers in advance (the official possession date is August 2024).” Every apartment has a balcony with endless views to the north and south.
The property is flanked by Delhi farm houses and is about 15 minutes from the Qutab Golf Course and 25 minutes from Emporium Mall. On November 6, 2023, there will be a 5% increase in apartment prices.
“Sky Mansion is the flagship project of Risland India & the company has left no stone unturned to use all of their international expertise in this project,” stated Saurabh Sharma, director of sales and marketing for Risland India.
“There is a huge demand for ready-to-move-in homes across the nation, and the New Delhi market is no exception to this trend,” stated JS Virk, sales head of Sky Mansion project.
Risland Hopes To Make Rs 300 Crore From The Remaining Flats
The real estate company Risland India anticipates making about Rs 300 crore from the sale of the 39 remaining flats in its fully realized South Delhi ultra-luxury housing project.
With its first housing project in Chhattarpur in the nation’s capital, which is expected to cost roughly Rs 750 crore, international real estate company Risland Holdings made its real estate debut in India in 2019.
The 100-meter high-rise project “Sky Mansion” now has an occupancy certificate (OC), according to a statement released by Risland India.
According to CEO Jonathan Risland, the project was formally started in 2020, but the company is giving its clients possession ahead of schedule, with an official possession date of August 2024.
Risland Sky Mansion: A Successful High-Rise Project In South Delhi
“There are a total of 160 units in the project and out of that 121 units have been already sold out,” as per the sources. From these 121 sold flats, the company has achieved sales bookings of Rs 600 crore, and it anticipates another Rs 300 crore from the remaining 39 apartments.
“The project will be sold out soon since the OC has been received and the project has been completed,” stated Saurabh Sharma, Director of Sales and Marketing at Risland India. The demand for ready-to-move-in homes is high across the country, and the New Delhi market is no exception, according to J S Virk, Sales Head of Sky Mansion.
The Increasing Demand For Ready-To-Move-In Homes In New Delhi
We are confident that our valued clientele will now see even greater capital appreciation.” Risland, a Hong Kong-based company, operates in nine nations and regions, including India.
Private developers have very few group housing developments in the nation’s capital. Real estate giant DLF has finished a sizable project in Moti Nagar and is building more residences there.
The Unity company is working on a project in Karol Bagh, while Parsvnath Developers has one near Civil Lines. In the nation’s capital, other companies constructing or preparing to construct developments include Raheja Developers, Tata Housing, Godrej Properties, and Prestige Estates.
TARC Ltd is also developing a project of opulent homes in Moti Nagar, in the nation capital region of the country.
Source-BS
