Merlin Group Expands Its Real Estate Empire: Doubling Revenue and Diversifying Projects

Merlin Group, a leading real estate developer in Kolkata, is set to double its annual revenue over the next 7-8 years with projects worth Rs 20,000 crore. The company is expanding its footprint in Maharashtra, particularly in Pune, and is also venturing i

Real EstateMerlin GroupKolkataPuneWorld Trade CentreReal Estate PuneOct 28, 2024

Merlin Group Expands Its Real Estate Empire: Doubling Revenue and Diversifying Projects
Real Estate Pune:Merlin Group, a prominent real estate developer based in Kolkata, is making significant strides in the industry with its ambitious projects. The company, known for its luxury residential complexes, commercial spaces, and sustainable townships, has launched initiatives valued at Rs 20,000 crore. According to a senior official, these projects are expected to double the company's annual revenue over the next 7-8 years.

The group’s managing director, Saket Mohta, emphasized the company’s consistent growth over the past 40 years.

Frequently Asked Questions

What is Merlin Group known for?

Merlin Group is known for developing luxury residential complexes, commercial spaces, and sustainable townships. The company has a strong presence in Kolkata and is expanding into other cities like Pune.

How much are Merlin Group's current projects valued at?

Merlin Group’s current projects are valued at Rs 20,000 crore.

What is Merlin Group's target for annual revenue growth?

Merlin Group aims to double its annual revenue over the next 7-8 years with its current projects and expansion plans.

Where is Merlin Group expanding its footprint besides Kolkata?

Merlin Group is expanding its footprint into Maharashtra, particularly in Pune, where several projects are currently underway.

What new sector is Merlin Group venturing into?

Merlin Group is venturing into the hospitality sector with the development of the eastern region's first World Trade Centre, which will feature a five-star property.

Related News Articles

GST Council to Reconstitute Three Group of Ministers as New Ministers Join
Real Estate Maharashtra

GST Council to Reconstitute Three Group of Ministers as New Ministers Join

The GST Council will reconstitute three Group of Ministers (GoM) as new ministers from 11 states join the body, including those on analysis of revenue from GST, boosting the real estate sector, and GST system reforms.

June 23, 2024
Read Article
UAE Real Estate Market Set to Reach New Heights
real estate news

UAE Real Estate Market Set to Reach New Heights

The UAE real estate market is expected to reach AED 2.5 trillion by the end of 2024, driven by strong off-plan sales and increasing demand from high-net-worth individuals.

September 26, 2024
Read Article
Mumbai: Mall of Homes 2025 Expo Attracts Over 14,000 Visitors on Day One, Redefining Real Estate Experience
Real Estate Mumbai

Mumbai: Mall of Homes 2025 Expo Attracts Over 14,000 Visitors on Day One, Redefining Real Estate Experience

The three-day event, aimed at revolutionizing the real estate buying experience, saw a massive turnout on its opening day. Innovative schemes and technology-driven solutions are the highlights.

January 17, 2025
Read Article
Understanding the Impact of Ready Reckoner Rate Hike in Maharashtra on Property Buyers
Real Estate

Understanding the Impact of Ready Reckoner Rate Hike in Maharashtra on Property Buyers

Real estate expert Ravi Kewalramani shares insights on how the recent increase in ready reckoner rates in Maharashtra could affect property costs for buyers and investors.

March 6, 2025
Read Article
ARTIS Real Estate Investment Trust Publishes Impressive 2024 Annual Results
Real Estate

ARTIS Real Estate Investment Trust Publishes Impressive 2024 Annual Results

ARTIS Real Estate Investment Trust has released its 2024 annual results, showcasing significant achievements in asset monetization and leverage reduction.

March 6, 2025
Read Article
USV Chairperson Leena Tewari Sets New Mumbai Real Estate Record with Rs 639 Cr Purchase
Real Estate Mumbai

USV Chairperson Leena Tewari Sets New Mumbai Real Estate Record with Rs 639 Cr Purchase

Leena Tewari, chairperson of USV Ltd, has made headlines by acquiring two luxury sea-facing duplex apartments in Mumbai’s Worli for a staggering Rs 639 crore, marking the most expensive residential property sale in India.

May 28, 2025
Read Article