Ishaan Real Estate Plc. Hopeful Of Strong Progress In 2008.

LONDON – Ishaan Real Estate Plc, an India-centric real estate investment firm, announced that it has successfully leased and pre-let 577,000 square feet of office and retail space. This accomplishment brings the total leased and pre-let area in its commercial and retail projects to a notable 2.4 million square feet. Ian Henderson, chairman of Ishaan Real Estate Plc, expressed optimism about making significant strides in both construction and leasing activities for the rest of 2008. Furthermore, the company revealed that approximately 20% of the saleable residential space in its premier residential project, Vivarea, located in central Mumbai, has already been pre-sold, surpassing the anticipated prices set during the project's introduction. Ishaan Real Estate emphasized that these pre-sales for the apartments began at the end of October and are seeing robust demand.