Best Group`s `Best City Center` at Bathinda to be Ready by 2010

Released on: February 2, 2008, 3:48 am


Industry: Real Estate

Press Release Summary: Best Group's 'Best City Center' at Bathinda to be Ready by 2010

Press Release Body: Best Group's 'Best City Center' at Bathinda to be Ready by 2010

New Delhi : Renowned real estate developer Delhi-based Best City Infrastructure
India Private Limited (BCIIPL), a Best Group Company, is all set to lay the
foundation stone of its dream project 'Best City Center' spread over 4.5 acre of
prime locationby the end of February, 2008, at the epicenter of the commercial hub
at Mall Road in Bathinda, the fastest growing city of Punjab.

The Company grabbed the deal for this piece of land, situated in the heart of the
city, amid fierce bidding battle at an exorbitant sum of Rs 184 crore (Rs 84,400
per sq yard), against the reserve price of Rs 135 crore fixed by the Bathinda
Development Authority, the highest ever bid amount for a single property in the
history of Punjab.

The main attraction of the Rs 600-crore Best City Center is 16-17 storey-high World
Class 5-Star Hotel project with 150 rooms with all modern facilities and a 3-tier
multi-level Car Parking to accommodate 1,000 cars for the convenience of the
visitors and guests. Best Group will also construct a Mall, a 4-Screen Multiplex, an
Entertainment Zone in 1 lakh sq ft, Hyper Market in 1 lakh sq ft, Food Courts and
3-4 Anchor Stores. The entire project is expected to be completed within a span of
two years with start-to-finish schedule.

The mega-project , already approved by the Punjab Urban Development Authority
(PUDA), will be developed by Delhi-based local architect 4th Dimension under the
technical consultancy and design support by world-class Singapore-based architect
firm TEAM 3.

''We are different, we are best, Commitment to timely handing over of possession is
our main aim. With this project, my life's goal of setting up a world class 5-star
hotel will be fulfilled,'' said Mr Harjeet Singh Arora, Managing Director, BCIIPL
while defining his dream project.

The location for the Best City Center is very ideal as the city of less than half a
million population, Bathinda, is surrounded by more than 12 small cities and is
famous for its big Grains, Cotton and Grapes markets, besides business activities
taking up fast in the growing Steel , Power and Refinery sectors, said Mr Arora.

Punjab Chief Minister S. Parkash Singh Badal on his birthday i.e. Decenber 8, 2007
laid the foundation stone of a world class high-tech Cricket Stadium to be
constructed in the city. In the last one year, the town and the district has
witnessed investments of over Rs 20,000 crore. The Guru Gobind Singh Refinery
Limited (GGSRL), a joint-venture of HPCL & L.N. Mittal, Bathinda, costing over Rs
18,000 crore will be commissioned by December 2010.

The Centre has also been approached to issue No Objection Certificate (NOC) for the
two civil airports in the State at Bhisiana in Bathinda and Sahnewal near Ludhiana.
An IIT or IIM is also proposed to be set up in the city. With the emergence of all
these fast-paced developmental activities, Bathinda is fast emerging on the Real
Estate Map of India and one of the most sought after land in Punjab.

Besides, Bathinda, Best Group already has its notable presence in Delhi, Panipat and
Ludhiana where construction work of more than 10 projects ideally located, is at its
full swing.

The Best Group of Companies, established in 1992, is an ISO 9001:2000 company which
is driven by the pioneering vision of its Managing Director Mr. Harjeet Singh Arora.
Innovative management practices and dynamic leadership has resulted in its growing
from a small company to a trendsetter in the development of real estate
infrastructure projects. Best Group is a business conglomerate with more than 10
group companies, the primary interests of each being construction and Real Estate
Development. It is mapping new heights and progressing in a positive way.

For further information please contact
Rahi Communications, Manish-

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