FOIP raises Rs 23 crore for Gurgaon commercial project

Fractional Ownership Investment Platform (FOIP)

Investment Details

A tech start-up in fractional real-estate has raised Rs 23 crore for office space in NEO Square, Gurgaon, Harera No. 109 Of 2017.

The fund raised is a last mile investment from block investors. NEO Square is a commercial project in Sector 109, Gurgaon. FOIP raised investment through set of HNI investors in block deal for their office space comprising of 18,000 sqft area.

FOIP raised investment through a set of HNI investors in a block deal for their office space comprising 18,000 sqft area.

CEO's Statement

"The aim is to democratize access to valuable assets with a smaller ticket size and better return. We are looking to raise only 100 crore investment in the first year of our operations. We hope to meet our target with more value deals soon," said Aankush Ahuja, CEO and Founder of FOIP.

The investors will be directly invested in the property expecting a good return on their investment.

NEO Square Statement

"FOIP has helped us in reaching out to the right investors in a quick span and achieved the agreed numbers. We hopefully will be able to meet our commitments and generate value for existing investors in the project," said Anand Anand, CEO, NEO Square.

Neo Square Dwarka Expressway Gurgaon

Highlights

• Ongoing on Dwarka Expressway, an 8-lane & 150 mt wide road.
• Front facing development with an unhindered view of the Expressway.
• Instant connectivity within NCR, UIA, UER-I & UER-II.

Neo Square is the distinguished residential nest of various spectacular options, located at Dwarka Expressway, Sector-109 of Gurgaon, beautifully designed and crafted spaces of commercial segments depicting with world-class attributes. The Neo Developers have brought in this commercial development with numerous distinct spaces.

This project targets the high-end market segments. This gigantic commercial development is incorporated of various commercial spaces such as - retail, food court, Restaurants serviced apartments, hypermart, cinema , and the key number of office spaces.

This project is developed in 3.07 Acres of land with 3,97,020 Sq.ft. total built-up area. You can download the brochure of the project from here: https://www.neosquare.in/images/Brochure.pdf

Amenities

• Three-Tier Security
• IGBC Rated Grade A Office Space
• Easy Accessibility from All Sides
• High-End Mix-Use Commercial Development
• 8 Screen Multiplex
• High-Speed Elevators
• Power Backup
• CCTV Surveillance