Though the times for the real estate sector are a little dull,
there are a couple projects whose success one can anticipate. Kumar Urban
Development Ltd. (KUL or Kumar Builders) has as of late reported the launch of the
second phase of its integrated eco-friendly township township KUL Ecoloch. The project
is bound to be effective, especially after the successful accomplishment of its
first stage.
Ms. Jain added that the Phase I of the project has witnessed an overwhelming response and the company is upgrading the amenities and services in phase II.Each residential cluster within the township has its own set of facilities like small pool, community hall and gardens at the entrance of lobbies. The project also has a sports club and a fitness centre with a football arena, a basket ball court, an Olympic-size swimming pool, running track and gymnasium, the company said in a statement.
Ms. Jain said that similar to Clark Quay in Singapore, KUL is developing a river-side marina and promenade. KUL Ecoloch’s phase II will be a first-of-its-kind township to have this feature. It will also be supported by a golf club, a boat club and other water sports without compromising the river. KUL Ecoloch will also have a club and lawns by the river. The club will include indoor games like cards, billiards and Foosball, along with steam and sauna baths.
KUL operates in Mumbai, Bengaluru, Hyderabad, Panchgani and Nagpur; and has so far developed 70 million sq ft. The company’s projects span across affordable, mid-segment and luxury homes to commercial and retail complexes, apart from IT complexes and SEZs.
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