Crystal Lagoons enters India with $200m project in Pune
Deal for water feature marks company’s first foray in India; will be part of wider $1.5bn development
Crystal Lagoons has struck a deal to build a water feature in Pune, India, as part of a wider $1.5bn mixed-use development, the company said in a statement.
The Amsterdam-based firm plans to build a 6.5-hectare lagoon as part of the Dream City project currently under development by Indian real estate company D.S. Kulkarni Developers.
The lagoon will be at the centre of the complex and be used for recreational activities, as well as by water taxis for those wanting to get around the development.
It will require an investment of around $200 million, and will contain 310,600 gallons of water as “one of the biggest Lagoons in Asia”, according to a company statement. The feature is scheduled to be operational upon completion of phase one of the wider project, in the second quarter of 2016.
The wider one million square metre project will include office buildings and 8,000 residential units, and be home to 50,000 people when completed, according to a Crystal Lagoons statement.
Crystal Lagoons says its water features use up to 100 times less chemicals than traditional pool systems, and only two per cent of the energy required by conventional filtering technologies.
“[Our] entry into the Maharashtra state, home to 114 million people, marks Crystal Lagoons 12th MENASA project and takes the global tally to over 300,” said Carlos Salas, Middle East Regional Director at Crystal Lagoons.
Crystal Lagoons, a patented technology developer of giant crystalline lagoons, holds two Guinness World Records for its work, including in Sharm El Sheikh in Egypt, which has the world’s largest lagoon at 12.5 hectares.
The company has a global portfolio of 300 projects located in 60 countries from South America to the Middle East.
