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

Related News Articles

Property Registration Scandal: 796 Documents Under Scrutiny for Violating Real Estate Laws
Real Estate Pune

Property Registration Scandal: 796 Documents Under Scrutiny for Violating Real Estate Laws

The registration department is investigating 796 property registration documents for non-compliance with real estate regulations, sparking concerns among developers and buyers.

August 1, 2024
Read Article
Maharashtra Weather Alert: Heavy Rainfall Expected in Mumbai, Pune, and Other Districts
Real Estate Pune

Maharashtra Weather Alert: Heavy Rainfall Expected in Mumbai, Pune, and Other Districts

IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours

August 26, 2024
Read Article
Nagpur Townships Inspected by State-Appointed Panel, Issues Persist
Real Estate Maharashtra

Nagpur Townships Inspected by State-Appointed Panel, Issues Persist

A state-appointed panel inspected several townships in Nagpur, Maharashtra, but issues related to water supply, irrigation clearance, and inspection delays remain unresolved.

September 24, 2024
Read Article
Indore Sees 12.8% Rise in Property Revenue During Festive October
Real Estate

Indore Sees 12.8% Rise in Property Revenue During Festive October

The city of Indore recorded a significant 12.8% increase in property revenue during the festive season in October. According to Balkrishna More, the Deputy Inspector General of Registration for the Indore region, the surge in real estate activity can be a

November 21, 2024
Read Article
Arvind Gurumurthy: A Renowned Legal Expert in M&A, Private Equity, and Corporate Law
Real Estate

Arvind Gurumurthy: A Renowned Legal Expert in M&A, Private Equity, and Corporate Law

Arvind Gurumurthy, a distinguished legal professional, has made significant contributions in the fields of M&A, private equity, and corporate law. With a successful seven-year tenure as Partner at Kochhar & Company, Arvind has extensive experience in hand

December 16, 2024
Read Article
Arthur Laffer Buys $87,156 in NexPoint Diversified Real Estate Trust Stock: A Bullish Signal?
real estate news

Arthur Laffer Buys $87,156 in NexPoint Diversified Real Estate Trust Stock: A Bullish Signal?

Arthur Laffer, the director of NexPoint Diversified Real Estate Trust (NXDT), has made a significant purchase of $87,156 in company stock. This move could signal his confidence in the company's future performance. Investors should consider this as a potential indicator of a bullish market play.

April 8, 2025
Read Article