Mumbai: Neotec Africa, an international engineering, construction and real estate development firm, has entered the Indian market with the launch of Neotec India. The company has established a country office in Gurugram as it looks to pursue property development, project management and strategic partnerships across India.
The India expansion draws on the experience of Neotec Africa’s promoters, who bring more than two decades of expertise in real estate and construction. Neotec India’s leadership team includes Mr. Marco Marino Blanco, CEO – Design & Architecture; Mr. Sheikh Tijan Sallah, Director – Projects & Administration; and Mr. Tarun Kumar Singh, Director – Operations, alongside the wider Neotec team.
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The company’s capabilities cover design, construction, development and equity investment, with services spanning architectural and engineering work, project management and other development-related activities.
“India offers a dynamic environment for real estate and infrastructure development, and we see considerable scope for building long-term partnerships. Our aim is to bring our international experience to the Indian market while working closely with local stakeholders to develop projects that create lasting value,” said Nitin Shrivastava, Country Operation Head, Neotec India.
As part of its India strategy, the company plans to engage with landowners, developers, investors and other stakeholders involved in real estate projects. Its proposed engagement models include outright acquisitions, Joint Ventures, Joint Development and Development Management, depending on the requirements of individual projects.
Neotec Africa is headquartered in The Gambia and has a presence in Guinea-Bissau, Dubai and Spain. The launch of Neotec India extends the company’s international footprint into another market.
From its Gurugram base, Neotec India will evaluate opportunities across residential, commercial and hospitality real estate, as well as other property segments. The company also intends to build relationships with partners across India as it explores development and project management opportunities in the country.
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