Debut project in Pune to be centerpiece of a US$1.5
billion community development; company’s first foray into the country to
combine unprecedented design for transportation with high impact crystalline lagoon
technology.
Dubai, 22nd November 2015. Crystal Lagoons, the current holder of two
Guinness World Records and the
patented technology developer of giant crystalline lagoons, is
expanding its global presence with its first project in India with the launch
of a 6.5-hectare lagoon in the Indian state of Maharashtra.
Located at the heart of the Dream City project, which
is currently under phase one of development by leading Indian real estate
company, D.S. Kulkarni Developers ltd., the mixed-use community will feature a sparkling
crystalline lagoon used for recreational activities and, due to the layout of
the lagoon, a means of transport throughout the development via water taxis.
“Entry into the Maharashtra state, home to 114
million people, marks Crystal Lagoons 12th MENASA project and takes
the global tally to over 300,” said Carlos Salas, Middle East Regional Director,
Crystal Lagoons.
The one million square metre project will be home to
eight thousand luxury residential units and 50,000 people when completed as
well as a host of office buildings, targeting both NRIs, local buyers as well
as investors. The development will also cater to a burgeoning tourism market
and the city’s four million inhabitants with a five star hotel, marine club,
multiple restaurants, malls and multiplexes.
Health and well-being will also be a key feature of
Dream City with a number of exotic gardens and ample green space set to provide
a sense of tranquility and spirituality within a culturally rich lifestyle in
the gated community. A partnership with English Premiership side, Liverpool
Football Club, and over 30 other sports and games will ensure a platform for
future champions is in place.
“This landmark signing underscores Crystal Lagoons
global expansion and further highlights our expertise in creating manmade
lagoons through the application of our revolutionary technology. Since the
company launched we have created a number of unique leisure-centric
destinations and added bodies of water to a range of developments and enhanced
real estate value that otherwise would not be possible,” said Salas.
“Dream City represents an important milestone for
Crystal Lagoons and our partnership with DSK Group gives us a unique
opportunity to contribute our expertise towards a world-class project at the
heart of a new cultural and sustainable icon for the region and for India,”
added Salas.
In addition to the many sports available on land, Crystal
Lagoons will also incorporate a diverse range of experiences for keen water
sports enthusiasts and families alike. Not only will the network of canals
provide a means of transport they will also provide opportunities for kayaking,
paddle boarding, sailing and swimming.
A total of 100,000 cubic metres (310,600 gallons) of water will be required to fill the 6-hectare
lagoon, which will be fringed by a range of recreational areas and estimated to
be in the region of US$200 million investment and will be one of the biggest
Lagoons in Asia once completed.
Under a phased development over a decade-long
period, the lagoon is scheduled to be operational upon completion of phase one
of the project, which has a scheduled launch date of Q2 2016.
DSK Group has over 30-years’ of experience in real
estate, travel and tourism as well as automobiles, education and finance.
Crystal Lagoons currently has a global
portfolio of 300 projects located in 60 countries from South America to the
Middle East, and holds two Guinness World Records’ titles with high profile
locations in San Alfonso del Mar, Chile and Sharm El Sheikh, Egypt, which is
currently the world’s largest lagoon at 12,5 hectares.
The only global company with the technological capability to make the
development of giant controlled manmade bodies of water economically viable,
Crystal Lagoons is positioning itself as offering a unique product
differentiator to high profile tourism projects around the world.
The lagoons use up to 100 times less chemicals than
traditional pool systems, and only two per cent of the energy required by
conventional filtering technologies, making them incredibly sustainable.
Crystal Lagoons has revolutionized the real estate
markets worldwide by enabling to build up project in places previously deemed unthinkable,
and by changing the lifestyle of people, providing a safe and sustainable
environment.
ABOUT CRYSTAL LAGOONS
Crystal
Lagoons Corporation is an international innovation company that has developed
and patented technology that allows for the low-cost construction and
maintenance of unlimited size bodies of water in crystal-clear condition.
Patented in 160 countries, Crystal Lagoons’ technology applications range
widely from its recreational business, which brings the dream of idyllic beach
life to any corner of the world, to its industrial variations in closed-circuit
cooling, water desalination and applications for the mining industry. In less
than three years since its formation, Crystal Lagoons Corporation has seen
exponential growth and is currently involved in over 300 projects in more than 60
countries, including worldwide
including the United States, Saudi Arabia, Indonesia, Egypt, Singapore,
Thailand, Brazil, Mexico, Argentina, Peru, Paraguay, Uruguay, and Colombia,
among others.
