Paramount signs MOU With Aluplast for U-PVC windows

Strategic Alliance Announcement between

Paramount Group, India and Aluplast Group, Germany

• Paramount signs MOU With Aluplast for U-PVC windows

• Aluplast will design more than 20 lakhs sq ft windows in India directly  for Paramount.
• This is the biggest bulk order signed by Aluplast.

New Delhi, December 8, 2011: Paramount Group, a leading real estate developer of India has entered into a strategic alliance with Aluplast Group headquartered in Germany to leverage Aluplast’s leadership in window systems, folding shutters and window accessories. It is the first time that Aluplast is collaborating directly with any Indian developer. The MOU was signed in presence of Mr. Manfred Seitz, Group Chairman, Aluplast Group, Germany and Mr. Mukesh Aggarwal, Managing Director of Paramount Group, by Mr. Ashwani Prakash, Executive Director Paramount Group and Mr. Arun Sharma, General Director of Aluplast India.

Paramount Group has delivered unparalleled quality and unmatched styles to real estate consumers in the country. The group with its consistent investments in superior technology and fine craftsmanship has been credited with bringing unique concepts to its consumers. Paramount has, over the years, collaborated with several leading companies from around the world to deliver quality products. Aluplast, a global leader in this space has 23 production plants and sales offices across the world. It produces nearly ten million windows annually.

Aluplast will design, manufacture, fabricate & install for Paramount more than 20 lakhs sq.ft. Windows including tilt and turn windows specially designed for Paramount. The entire operations would be supervised by Aluplast The product would be used in all ongoing and upcoming projects of Paramount i.e.  Golfforeste, Floraville and  Emotions.

Mr. Mukesh Aggarwal, Managing Director of Paramount Group said, “Paramount believes in providing world-class amenities   at affordable price to their customers. Affordability, according to us is not just putting material to balance cost with the sale price.  We have always provided our customers best luxury (infrastructure and accessories) in affordable range. I am delighted that we have once again maintained our promise  by signing this MOU.”

The alliance with Aluplast boosts Paramount’s aim of providing green homes to its consumers. “Paramount has a history of innovations and we have redefined class, style and comfort in real estate. Our collaboration with Aluplast demonstrates our commitment to quality products and brings together two groups committed to green homes”, said Mr Ashwani Prakash Executive Director, Paramount Group.

“Aluplast believes in success and growth via innovation and partnership. Through this alliance we are glad to associate with Paramount which is leading real estate revolution in India .Aluplast windows are patented windows. The company is the technological leader in the market offering a wide range of different products that suit for every geographical situation and individual market necessities,”, said Mr Manfred Seitz, Group Chairman, Aluplast Group, Germany.

 “Aluplast U-PVC windows and doors profile comes with eco-friendly unleaded stabilizers. We will provide Germany's best and India's only 100% lead free with lowest uValue Energy Saving Window & Door Profile Systems,” added Mr. Arun Sharma, General Director of Aluplast India.

About Aluplast

The Aluplast group is one of the largest and most innovative international manufacturers of uPVC-window systems. Aluplast’s  turnover is Euro 350 million. Today, its brand ranks among the top-five in the European comparison. Within only 25 years, Aluplast has become a global player. The Aluplast group currently has 21 production sites and sales offices worldwide, with its customers numbering 1,600 companies, fabricating a total of 10 million windows per year. www.aluplast.de ; www.aluplastindia.com;

USP OF ALUPLAST WINDOWS

• Eco-Friendly-  aluplast U-PVC windows and doors profile comes with eco-friendly UNLEADED stabilizers. Germany's best and India's only 100% LEAD FREE with lowest uValue Energy Saving Window & Door Profile Systems
• Minimal Maintenance- The pristine appearance of aluplast U-PVC is simply maintained by occasional cleaning with a mild detergent, such as soapy water. aluplast U-PVC frames never need painting or staining, even when the surface foil is applied to provide a coloured or wood grain effect. All hardware, gaskets, weather-strips and glazing can be easily replaced without removing the frame from the structure. Some items of window and door hardware may only need occasional lubrication.        
• Durability- aluplast U-PVC frames do not rot, rust or corrode and as they do not absorb moisture - they will not warp, twist or split. ‘Impact modified’ aluplast U-PVC is treated with special additives making the material extremely tough and durable.      
• Insulation and savings- aluplast U-PVC profiles have high thermal and acoustic insulation performance. It can save upto 35% of your energy requirement.       
• Combustion Resistant- aluplast U-PVC frames will only burn when subjected to an external heat source and once the source is removed, the flames will self extinguish.   A test by the Fire Research Station showed that aluplast U-PVC windows do not exhibit any aspects of combustion that could create new hazards in fire involving buildings.          
• Weather Performance- Correctly manufactured and installed aluplast U-PVC windows and doors have excellent weather resistance and will comply with the requirements of all relevant BS standards.         
• Design Capabilities- aluplast U-PVC window designs reproduce most existing and traditional styles.        
• Cost Competitive-  aluplast U-PVC windows and doors are both long lasting and virtually maintenance free, making them the most cost effective option material for a window or door.

About Paramount group

Paramount  is a leading real estate development Group of India. With a strong history of over 15 years of having delivered innovative real estate projects, the group is focused strongly on style, class and comfort. A quality conscious organization, Paramount has delivered several successful real estate developments prominent being Paramount Tulip a 100 acre township and Paramount symphony. Paramount Floraville an E-project  is underway as per the schedule and would be delivered to the clients within the given time frame. Keeping with its traditions of bringing forth state of the art projects, the group has launched Paramount Golfforeste a 100 acre township  in Greater Noida, India. www.paramountgroup.co.in

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