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FIRE Capital Fund provides activist 'development capital' to enable a new paradigm of world class real estate project development across India. |
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The Fund invests in project level entities and looks for potential partners with development ambition, control over land banks and potential to rally a consortium of service providers with the required development expertise for the proposed venture. Projects are considered on the basis of commercial feasibility and capability of the project’s developer / promoter. The minimum size of the equity investment by the Fund in any venture is USD 5 million. In order to qualify as a potential investment, the project size should be at least 25 acres or 500,000 sq. ft. of built up area. Existing Investments
Silver Springs Township, Indore Silver Springs Township is promoted by SRIPL, the company which has the first investment from FIRE Capital Fund. The 139 acres township has been awarded mega township status by Government of Madhya Pradesh. With over 2 million sq.ft. of built-up space already completed; the township has already welcomed a few families into the township. Within a few months, the township will also have the unique distinction of hosting the Indore’s first internationally reputed and professionally run tennis training academy under the aegis of Mahesh Bhupathi Team Tennis. Website address: www.silverspringsindore.com The Empyrean, Bangalore Benguluru’s First Truly Integrated Suburban Township is sprawled over 210 acres and is located on the National Highway 207, to the east of Whitefield. Masterplanned by the world’s second largest architectural firm- Aedas, the township is planned to have five million sq.ft. of residential spaces . This township is a low-rise, low-density development with over 100 acres of open/ green spaces and is being developed on the Satellite Urban Village Concept. Website address: www.the-empyrean.in
The Empyrean, Nagpur The 152 acre township is the largest FDI promoted township in Central India. The township is a self-sufficient, fully integrated development adjacent to the upcoming logistics - commercial hub-MIHAN. With multiple housing options, an internationally designed club sprawling over 3 acres and landscaping themed on ‘Rejuvenation of five senses’, the township has received remarkable response from the local population. Over 500 families have already become the part of The Empyrean Community. The township was launched in Oct 2009 and construction at site is in full swing. Website address: www.empyreannagpur.com
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