Indigo Properties - A Decade of Developing Excellence

Celebrating 10 years of Developing Excellence in 2014

United Arab Emirates - Dubai, 1 April 2014: Indigo Properties, one of the UAE’s innovative property development companies continues to fill a niche in today’s dynamic and increasingly popular property market. Established in 2004, Indigo Properties stands out in the UAE with its AED Four Billion (AED 4 Billion) property business. This year the company will celebrate its 10th anniversary in March.  To mark this achievement, Indigo plans to unveil exciting new projects, one of them being the biggest in their portfolio till date.

Indigo Properties - Driven by its four directors Mr Ramesh Sawlani, Mr Anand Lakhiani, Mr Mahesh Tourani and Mr Sunil Khubchandani who are passionate about innovation, design and delivering excellence - is one of the first private property development companies in Dubai.

Mr. Anand Lakhiani, Director, said, “We are very proud to be celebrating 10 years of developing excellence in Dubai. Our success is due to highly effective collaborations and partnerships. More than 30 years in the business and I’m still passionate about creating innovative real estate projects.”

He further said, “In 2014, Indigo is gearing up to launch its biggest project ever with over 350 villas spread over 4.5 million square feet area. Other projects under construction are Orange Lake at Jumeirah Golf Estates; Indigo Optima, Indigo Capital and Indigo Spectrum 1 & 2 within the Central District of International City;  We are positive that the Expo 2020 win will accelerate growth in Dubai’s local economy and property market on a long term basis.”

Upto 2014, Indigo Properties has delivered approximately 1.3 million square feet area in Dubai worth over AED 1 billion in revenue spread over 14 projects and over 700 units. The company will add another approximately one million square feet and 375 units worth another AED 1 billion by the end of 2014.

“We are very bullish about the Dubai property market.” said Mr. Mahesh Tourani, Director, “With the winning of the Expo 2020 and effective and proactive regulations introduced by RERA, the investment climate have become very positive. This is evidenced by the improved GDP figures of the UAE and the recent increase in property prices and rental rates in Dubai.”

“We intend to continue adding quality developments and help Dubai’s skyline hold its head a little higher.” said Mr Ramesh Sawlani, Director.  ‘We provide a solid investment value to our stakeholders at all times thus strengthening the trust and confidence of our investors in us”.

Over 2008 and 2009, Indigo has delivered innovatively designed projects such as Indigo Tower in Jumeirah Lakes Towers on Sheikh Zayed Road which was awarded the Best Looking Tower in JLT by the master developer, DMCC. It is now the most desired multi-use building in JLT. Not far from it, Indigo Icon, a commercial tower, enjoys pride of premium space, and home to top-notch business. From 2009 to 2013, Indigo also built Indigo Central which comprises of eight striking blue-hued glass buildings for commercial offices and retail showrooms located in Al Safa and Al Manara on Sheikh Zayed road. They have prime AAA tenants like Etihad, Reem Al Bawadi, ADCB, ADNIC and Canon. Indigo Ville at Jumeirah Village has captured the hearts of many home makers looking for a warm friendly neighbourhood. Orange Lake villas at Jumeirah Golf Estates have 68 luxury villas surrounded by world class golf courses designed by some of the game’s greatest names.