APN News

  • Saturday, May, 2024| Today's Market | Current Time: 08:34:54
  •  New Delhi : FOIP – www.FOIP.in : A leading Value Opportunity Real Estate Fractional Ownership Investment platform in Land, Commercial & Residential Real Estate is thrilled to announce its acquisition of the exclusive mandate for a prestigious holiday homes project in Shimla – Great Wall, valued at over Rs 150 crore. This project represents a significant milestone for FOIP, as it expands its portfolio in the lucrative real estate market.

    The project, located in the scenic view of Shimla, offers 128 units spread over 2.5 acres in Phase 1, providing investors with a lucrative opportunity in one of India’s prime holiday destinations.

    FOIP will oversee the entire project lifecycle, including sales, fractional ownership, marketing, branding , fundraising & channel partner management ensuring a seamless and rewarding investment experience for stakeholders.

    Xenious Hotels & Resorts, a trusted name in hospitality, will manage the asset, targeting an annual rental return of 7-8% and an impressive IRR of 16% over the next three years for investors post handover of the project.

    Aankush Ahuja, Founder and CEO FOIP said “We are excited to announce our exclusive mandate acquisition for the Great Wall project in Shimla. This project represents a prime investment opportunity in one of India’s most sought-after holiday destinations. With our expertise in real estate fractional ownership and strategic partnerships, we are confident in delivering exceptional value and returns to our investors.”

    Jagjot Singh, Owner, Great Wall Said, “We are delighted to partner with FOIP for the prestigious Great Wall project in Shimla. This project symbolizes not just excitement but also a promising venture for all stakeholders involved. This collaboration represents a prime opportunity for investors seeking a foothold in one of India’s most coveted holiday destinations. With FOIP’s expertness in fractional ownership, we are confident in delivering substantial value and returns to our investors.”

    FOIP’s dedication to innovation, transparency, and investor satisfaction positions it as a trusted partner for individuals seeking profitable real estate investment opportunities.


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