Gurugram's Luxury Housing Boom: Ganga Realty Invests ₹1200 Crore in Anantam Project

Ganga Realty's luxury housing project, Anantam, in Gurugram is expected to generate ₹2000 crore in revenue and features 3 and 4 BHK apartments with advanced technologies.

Delhi Ncr Real EstateLuxury HousingGanga RealtyGurugramAnantam ProjectReal EstateJul 01, 2024

Gurugram's Luxury Housing Boom: Ganga Realty Invests ₹1200 Crore in Anantam Project
Real Estate:Gurugram-based real estate firm Ganga Realty is set to invest ₹1200 crore in a luxury housing project, Anantam, in Sector 85, Gurugram. The project, spread across 5 acres, will feature three towers, including the tallest residential tower in the city with a ground-plus-59 storey building. Expected to be completed in the next five years, the project will generate close to ₹2000 crore in revenue.

The project is strategically located close to Dwarka Expressway, the Global City project, NH-8, and is just a 20-minute drive from IGI Airport. Ganga Realty aims to achieve a sales target of ₹2000 crore from this project, which will be funded through internal accruals and customer advances.

Anantam will feature 3 and 4 BHK apartments, each accompanied by a servant's quarter and a utility room. The project will comprise 524 units, with prices starting from ₹16,500 per sq ft. The 3 BHK units will have an area of 2392 sq ft, while the 4 BHK units will have an area of 3101 sq ft.

According to Vikas Garg, Joint Managing Director, Ganga Realty, 'The project mirrors our aspirations of promoting sustainable living made possible through the utilization of smart and calibrated technologies.' The company is committed to delivering the project in the next five years.

Information Ganga Realty is a well-established real estate firm based in Gurugram, known for its commitment to quality and sustainability. With this project, the company aims to set a new benchmark in luxury housing in the Delhi-NCR region.

Ganga Realty is a reputed real estate developer in Gurugram, with a focus on creating sustainable and luxury residential projects.

Frequently Asked Questions

What is the investment size of Ganga Realty's luxury housing project in Gurugram?

₹1200 crore

What is the expected revenue from the Anantam project?

₹2000 crore

How many units will the Anantam project comprise?

524 units

What is the price range of the apartments in the Anantam project?

Starting from ₹16,500 per sq ft

What is the completion timeline for the Anantam project?

Next 5 years

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