Fashion TV branded homes to come up in Lucknow

NEW DELHI: Lucknow based real estate developer New Modern Buildwell has tied up with Paris based International Fashion channel Fashion TV to develop an ultra-luxury residential project in Lucknow with an investment of around Rs 1,000 crore.

This is the fourth partnership of Fashion TV for branded residences in India, after collaboration with Nahar Group in Mumbai, Home & Soul in Delhi NCR and BrahmaCorp in Pune.

"We have got the exclusive license for Fashion TV residences in UP, leaving aside NCR. Our association with Fashion TV is another step towards providing homes which are perfect combination of luxury and comfort," said PN Misra, founder and CEO, New Modern Buildwell Pvt. Ltd.

The project named Fashion Homes and will be located within 5,250 acre Sushant Golf City and will be spread in 10 acres with two high-rises of 29 floors each. It will offer 3 and 4 BHK homes and penthouses, in sizes ranging from 3,500 sq ft to 6,000 sq ft. The residences would cost between Rs 1.75 crore and Rs 5 crore.

"The construction of the project has started and we aim to give possession of the same by 2018," Mishra added.