Monday, March 9, 2015

50 cr business in Pune market

Infinite Ideas Interiors, India’s leading interior design company makes its grand entry in Pune!

   Eyes 50 cr business in Pune market

·         Launches its new office at Magarpatta City
·         Pune Population has grown over 145% from 2001 to 2011 and growing 12% annually now.
·         82% of Pune Total demand is in Low and Middle Income Group
·         Infinite targeting 1 million of Sq ft area in Pune.
·         Customised solutions to range from Rs. 1 lac to Rs. 1 Crore

Pune  March 6th, 2015:  Aiming to design interiors measuring up to 1 million of Sq ft area and profit up to 50-60 crore over the next three years,Infinite Ideas Interiors, India's leading interior design company, announced their entry into the Pune market today with the vision launch of their office at Magarpatta City. 

With intention to make every home beautiful, Infinite Ideas Interiors will focus on bringing world class designs fuelled by their technology solutions to Pune citizens. 

Infinite Ideas Interiors is an integral part of JBR Interio Technologies Pvt. Ltd. which is supported by Brick Eagle, a leading financial services company based out of Singapore that focuses on affordable housing industry. With a vision to create the most functional, beautiful and affordable spaces by constantly raising the lock, stock, barrel and bar in design, technology and professionalism; Infinite Ideas thrive to deliver absolute customer delight.

A renowned brand with services in new home designs, renovations, commercial spaces, model apartments and villas; the company offers reasonable and custom made (end-to-end) solutions from interior designing, space planning, execution, landscaping and light designing to furnishings. Infinite Ideas Interiors team comprises of Architects and Designers from top Institutes in India, USA, Singapore and Italy, and leaders from the country’s most premier institutes.

Commenting on entering the Pune market, Brinda Goswami, Founding Director, Infinite Ideas Interiors said; “Interior design as a segment in India is roughly growing at a rate of 60% per annum, and is no more a luxury available to the elite few; but is an emerging trend with the double income, nouveau riche, young Indians. Considering this industry trend, we have customised our solutions to range from Rs. 1 lac to Rs. 1 Crore.”  

We are also proud to announce that we have completed many projects in Pune and our target is to beautify more than a 100 homes by the end of this year", she further added. 

Vishal Sharma, Head of Sales and Business Development said, “Our Honourable Prime Minister, Mr. Narendra Modi has promised housing for all by the year 2022, when India completes 75 years of its Independence. Furthermore, Real estate body CREDAI says there is a strong correlation between housing and economic growth and a revival in the housing sector will also boost the country's GDP. We are a company tied strongly to this vision and have set our business goal in line with the Prime Minister’s ambition.”
Real estate growth in Pune will be a key driver to our business and we expect significant growth in revenues in next three years. We aim to expand and grow into 6 new cities every year in India”, he added.

As a group, we are aiming to complete a million home interiors by 2022,”Brinda concluded.

Infinite Ideas Interiors provide high quality products that are sure to greatly improve the look and feel of any home within affordable price. They have successfully redefined over a million sq. ft. of residential and commercial projects in Hyderabad, Bhopal, Bangalore, Chennai and Mumbai.

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