The 3C Company launches new zip code, 'Lotus Panache'

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afaqs! news bureau
New Update

Company Brief

New Delhi, February 05, 2010

The 3C Company, a leader in conceptualising & developing green buildings in India, and Noida's largest developer of commercial and residential space, today announced the launch of the New GREEN Zip Code - "Lotus Panache". This green residential project encompassing over 41 lush green acres and with an outlay of Rs. 2,400 Crore, has been jointly funded by Red Fort Capital, a leading international private equity real estate fund.

Lotus Panache is strategically located in Sector 110 of Noida, amidst the well- inhabited Sector- 82 right off the Noida - Greater Noida expressway. This green residential project enjoys excellent connectivity with key locations in Noida, including the DND Flyway, Sector 18 Market, upcoming metro station, schools, hospitals and other world class amenities.

Speaking at the launch, Mr. Vidur Bharadwaj, Director, The 3C Company said, "The aspiration to own a green residential address that provides healthy living and cost savings has grown tremendously. Our recently launched green residential Project - Lotus Boulevard, is a huge success, were we sold over 2200 units in less than six months. Our latest offering, Lotus Panache, provides a new opportunity to meet this burgeoning market demand. Customers want to live in an eco-friendly green environment, experience world-class construction and amenities, have access to infrastructure, reduce soaring energy costs, combat global warming and reduce their carbon footprints, all of which we are providing in Lotus Panache at highly affordable prices."

Red Fort Capital, a leading private equity real estate firm focused on India, has invested in both Lotus Panache and Lotus Boulevard. Subhash Bedi, Managing Director of Red Fort, states that "We are delighted to back the 3C Company's new Lotus Panache project in Noida. The market and end-users alike recognize that Red Fort's backing ensures expedited delivery timelines, superior construction technology and enhanced product quality. 3C is a proven developer of high-technology green projects, and Lotus Panache's location is second to none, given its proximity to an established neighborhood and strong in-place infrastructure."

"We are proud to announce that Red Fort Capital and the 3C Company have further strengthened their relationship with this new project" added Mr. Bharadwaj. Mr. Bedi confirms that "The success of Lotus Boulevard has enabled Red Fort to both return capital and harvest proceeds, some of which we are re-investing into the new Lotus Panache project."

Lotus Panache - The New Green Zip Code

Spread across 41 lush green acres, Lotus Panache is strategically located opposite to already inhabited Sector 82 and is just a kilometre from the Noida - Greater Noida Expressway.

A perfect blend of unparalleled luxury, green living and a suburban lifestyle, Lotus Panache will be a step ahead of green developments thus far available in India from other developers. Showcasing a mix of 2, 3 and 4 Bedroom apartments and its architecture will offer a host of economic and health advantages.

Lotus Panache will house Asia's first "Net Zero Energy and Geo Thermal Lotus Valley Pre-Nursery School. This green pre-nursery school is part of the 3C Company's effort to create a healthy and environmentally friendly foundation for India's future generations.

The project's hub of sports and leisure, the 135,000 Sq. Ft. Le' Panache Club at Lotus Panache, will be Asia's first green club built with Geo Thermal technology.

The unparalleled combination of green features and plethora of amenities offered by Lotus Panache are envisaged to make it the most sought after green address

Lotus Panache's Green amenities and highlights include:

Net Zero Energy Technology - A truly sustainable building, the pre-nursery school at Lotus Panache will showcase Net Zero Energy technology. This building will not only have low energy demand through energy-efficient design, but also satisfy its own electricity demand (through clean renewable sources including solar). This building will be planned and designed to work in complete harmony with the natural elements to allow for ample natural light and ventilation.

Geo Thermal Technology - This technology will be used in both, the pre-nursery school and club at Lotus Panache. The buildings will balance outside temperature fluctuations to automatically provide comfortable conditions inside when mechanical conditioning will be required, geo-exchange systems will transfer energy from the ground into building's air conditioning system using the ground as a heat sink.

Vertical Landscaping - Lotus Panache will be the first residential project in Delhi NCR to feature vertical landscaping, which will provide a cooler environment around and within the apartments.

Carbon Credit Sharing - Since Lotus Panache is a green development, we propose to share the Carbon Credits after qualification.

Advantage 3 Side Open - All the apartments at Lotus Panache will be open from three sides, thereby maximizing cross ventilation and naturally daylit areas within the apartments.

Naturally Lit

Cross Ventilation

Heat Reduction

Sensor Lights

External Solar Lighting

Breathtaking Greens

Water Conservation

Conservation of Natural Resources 

Ramps for People with Special Needs

Electric Charge Points

Shuttle Bus Service

The structure of Lotus Panache will be Earthquake Resistant and compliant to Zone-4 specifications. The 3C Company has already applied for a green certification from the Indian Green Building Council and the registration number is GH10 1004.

For further information, please contact:

The 3C Company

Udeept Singh

Asst. Manager-Corp Communications

Mobile: 9711054643

Adfactors PR Pvt. Ltd.

Vertika Saxena

Mobile: 9811708336

Email: vertika.saxena@adfactorspr.com

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