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Building a city within a city
AFICITY is a proposed township project by AFI, a privately owned property development company. AFI will be developing 50 acres of fully owned land at Deralakatte, Mangaluru, into a distinct and vibrant township called AFICITY.
AFICITY will be benchmarked to international standards, and will offer a range of housing options from lifestyle villas to apartments. Other attractions of AFICITY will be a shopping arcade designed to recreate the old world charms of street side shopping, street café’s and eateries, tree lined promenades, and magnificently landscaped open spaces.
Presently AFI is in a joint development with Prestige Constructions - one of the leading real estate developers in India, to build 101
units of the finest luxury villas on 14.7 acres in Deralakatte. The construction is ongoing. A third of the project is completed, including a whole host of high-end amenities such as a lavishly appointed club house, an outdoor tennis court, indoor badminton and a swimming pool.
Very soon Deralakatte, known across India as the University town, will have a living-working-shopping landmark that will be iconic and bursting with excitement.
Bringing you Mangaluru’s finest luxury villas
Called ‘Prestige Palm Residences,’ these 3 and 4 BHK villas are designed to take the residents back to the sylvan charm that dots the landscape of Mangaluru with the advantages of community. AFI is in a joint development with the Prestige Group to build this exquisite villa project that combines impeccable planning and flawless taste. Construction is ongoing, with a third of the project completed, including a lavishly conceived clubhouse.
A JOINT DEVELOPMENT TO BRING THE BEST
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AFI’s association with Prestige – the only CRISIL DA1+ rated Real Estate Developer in India – was propelled by the desire to bring the robust and innovative expertise of a group that excelled in a wide and diverse portfolio covering residential, commercial, retail, leisure and hospitality segments. The joint development villa project signals AFI’s equity in bringing India’s best and biggest players to Deralakatte, Mangaluru.
AFI ASSOCIATE COMPANIES
