Ganga Realty Launches Ambitious Residential Project in Gurugram with Rs 1,200 Crore Investment

Ganga Realty plans to fund the project from internal accruals and customer advances, aiming to achieve a sales target of Rs 2,000 crore.

Ganga RealtyResidential ProjectGurugramReal EstateInvestmentReal EstateJul 02, 2024

Ganga Realty Launches Ambitious Residential Project in Gurugram with Rs 1,200 Crore Investment
Real Estate:Ganga Realty, a renowned real estate developer, has announced its plans to invest a staggering Rs 1,200 crore in a residential project called Anantam in Sector 85, Gurugram. The project, spread across approximately 5.29 acres, will feature three towers with G+59 storey buildings and 524 units. The apartments will range from 3 to 4 BHK, with a price range starting from Rs 16,500 per sq ft.

The company plans to fund the project from internal accruals and customer advances, a testament to its financial stability and commitment to delivering high-quality projects. With a sales target of Rs 2,000 crore, Ganga Realty is confident of attracting buyers with its unique selling proposition.

The project is expected to be delivered within the next five years, catering to the growing demand for luxury housing in Gurugram. Ganga Realty's investment in this project is a significant step towards enhancing the city's real estate landscape.

About Ganga Realty
Ganga Realty is a leading real estate developer with a strong presence in the National Capital Region (NCR). The company has developed several residential and commercial projects, known for their quality construction, modern amenities, and customer-centric approach.

Information
Gurugram, a hub for information technology and business process outsourcing, has seen a significant surge in real estate demand in recent years. The city's proximity to Delhi, excellent connectivity, and modern infrastructure have made it an attractive destination for homebuyers and investors alike.

Frequently Asked Questions

What is the investment amount by Ganga Realty in the residential project?

Rs 1,200 crore

Where is the project located?

Sector 85, Gurugram

What is the sales target of the project?

Rs 2,000 crore

What is the expected delivery timeline of the project?

Within the next five years

What type of apartments will be available in the project?

3 and 4 BHK apartments

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