Two blocks of flats in the Invest Hotel Scheme (IHS). This is the site that starts at Les Salines, on the site to accommodate the Neotown project. This plan allows developers to sell apartments and villas for residents and foreigners during and after construction.
The IHS Company is in charge of the project will provide all the facilities of a hotel. The first block of flats will be 24 floors and the other with 18 floors. Neotown presented as a Mega Project "that will change the face of the capital" is undertaken by Les Salines Development. It is a subsidiary of the Indian company Patel Engineering Ltd, which was awarded a 99-year lease on the site, with an area of ??58 acres.
Indian developers and representatives of various concerned departments conducted this month visit the site. It is strategically located at the southern entrance of the city. It opens onto the sea and next to the Bulk Sugar Terminal in the port.
Neotown the project is estimated at Rs 15 billion. At the time of presentation, the developers had planned various phases.
In the end, it will include, among others, hotels, walks and marine gardens, a center of heritage tourism, a complex / luxury condominium, a boutique hotel, a marina club, a block of apartments, office buildings, shopping malls, campus offices, tourist attractions and entertainment venues.