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  Development Project 10
- LUXOR CYBER CITY
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Luxor Cyber City , located in the village neighbourhood of Shikohpur in Gurgaon, is well connected; the site as is situated 32 kilometres from Delhi Central, 52 km from Noida and 35km from Faridabad, 20 km away from the International Airport on the National Highway that connects Delhi to Bombay.
The project entails development of a 67 acre plot of land. Once developed, the project will offer a total of nearly 8 million sq. ft. of IT/ ITES processing zone in ones of the SEZs closest to Delhi.
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| Highlights |
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- SEZ application has been forwarded to Central Government with a recommendation for formal approval from the State Government and the approval is expected before the end of the year
- The Company is in the process of appointing a leading international architectural firm for the Project
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| View Project Details |
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| £82.3 million* |
| 8.18 M sq. ft. |
49.38% owned** |
| Asset Class |
IT/ITES |
| Project Name |
Luxor Cyber City - 'SEZ'IT/ITES development |
| Partner |
Uppal & Luxor Group |
Location
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Gurgaon, NCR of Delhi |
| Type |
IT and Commercial Space |
| Saleable Area |
8.18 m sq. ft.on 62.6 acres |
| Capital Invested |
£38.4 M |
| *NAV as of 31 March 2008 |
£63.8 M |
| IRR at Date |
96% |
Multiple at Date
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1.66 |
** The Mauritian SPV owns 49.38% of DP-10; however, Trikona TC has sold part of its ownership in the Mauritian SPV.
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