Long-Term Value Investing in Real Estate
Kore Communities is the real estate development arm of a leading international private equity firm focused on long-term value investing in special situation opportunities in real estate. Kore has acquired multiple projects in Gurugram, NCR of India, for Commercial, Retail and Residential Developments. The first phase of its maiden project – a 15 acres IT Park is substantially leased out with multi national tenants and the construction is nearing completion. In addition to this 2.75 million sq ft of IT Park development, 10 million sq ft is being developed in Joint venture / collaborations and about 8 million sq ft of fully owned land is in various stages of agreements / approvals.
Building World Class Real Estate
Kore and its affiliates are currently working on creating world class IT Parks, High Street Retail Hubs and Residential Developments in Gurugram, NCR of India by amalgamating expertise of in-house real estate veterans, best in class partners and also in partnership with globally benchmarked real estate developers.
The ‘Kore Communities’ Brand
The ‘Kore Communities’ brand has been created to represent new age real estate developments that are efficiently planned, timely executed, IGBC (Indian Green Building Council) rated, and of premium quality.
The ‘Kore Communities’ brand represents 3 business verticals: –
Grade A Commercial Spaces
Comprise of world class IT Parks and Commercial Buildings that are amongst the highest-quality on the market, outfitted with top-of-the-line fixtures, amenities, and systems, located in high-visibility business districts, and catering to fortune 500 clients.
New Age Retail Spaces
The organised retail sector in Gurugram, NCR of India is growing rapidly due to factors such as increase in younger workforce who indulge more in ‘retail therapy’, more of nuclear families with higher disposable income, expanding middle class who have a greater desire for luxury goods.
Luxury residential addresses in prime locations close to business districts, that have distinctive superior attributes in terms of design, functionality and services