Nirmal Singh Bhangoo, one of India’s largest land owners and founder of Pearls Global, aims to spice up the Australian Property Development and Housing Market.
Having recently entered the Australian market, Nirmal Singh Bhangoo’s latest concentration on the local market has been led through Pearls Australasia, the Australian property arm of his New Delhi – based Pearls conglomerate. Since his investment in late 2009 of the famous Sheraton Mirage Holiday resort and Spa on the Gold Coast, Mr Nirmal Singh Bhangoo or ‘the Chairman’ as he likes to be called, has released a series of major deals and projects which feature his significant intentions in becoming a key and long-lasting player in the nation’s marketplace.
Headed by award-winning house pair, Joint Managing Directors and Entrepreneurs Peter Madrers and Paul Brinsmead, Pearls Australasia has launched a multi-million dollar update of the Sheraton; a joint business venture with David Devine’s Metro Property Development to create 1000 flats in Brisbane and a thousand property lots in Melbourne; and the local and international development of its MiiHome brand name.
Pearls MiiHome is an worldwide copyrighted creating system that is dispensing original housing for the out of the way location, indigenous, turmoil along with sociable sectors in Australia and India, and workers lodging to mining and infrastructure projects in Qld. It is a product that the chairman stands firmly behind and is convinced will become the future.
Pearls MiiHomes have already been recognized for their ability to withstand the toughest of Australian conditions. A 9.5 star rating and capacity flood, tsunami, cyclones, flames and earthquakes are making these products the ideal replacement for houses ravaged in particular by the early 2011 deluges and storms in Queensland.
Nirmal Singh Bhangoo so far has contributed a couple of houses to homeless families that allows them reconstruct in flooded areas, and gained the right to help the re-build of the Grantham township in the Lockyer Valley.
Nirmal Singh Bhangoo created Pearls in 1983 and under his guidance it’s become one of India’s fastest growing firms and among its greatest non-public landholders, acquiring a diversified investment portfolio with extensive pursuits in infrastructure; civil, commercial and residential development; property development; private hospitals and academic organizations; food, spices and liquor; insurance; tourism; farming; and, mass media and entertainment.
Headquartered in New Delhi, Pearls Group leads the Indian property field, with a coveted focused land bank of agricultural, semi-urban and urban parcels totalling more than 1.5 million acres, which is being engineered by the firm’s real estate and construction arms. Mr Nirmal Singh Bhangoo has long been a founder in real estate, with his entities creating residential complexes and villas, farm houses, residences, hotels & major resorts; business complexes, shopping malls and entire townships.
Pearls Global is today undertaking numerous hospitality, utility and commercial projects on its land to satisfy the requirements of one of the swiftest rising economies in the world. This includes five star hotels, resorts and business hotels at several destinations including Bangalore, Mumbai, Lonavala, Pune and Gurgaon.
Born in the Punjab, Nirmal Singh Bhangoo is also now being acknowledged for his incredible commitment to bettering financial interactions, both with Great britain and Australia. In the past 1 year his family members have accepted honours on his behalf at Parliament Houses as far afield as London and Sydney.
At an earlier ceremony at Britain’s Parliament, Mr Nirmal Singh Bhangoo was also awarded International Entrepreneur of the Year by the British India Society.