Satya Group and Maple Group to Invest Rs 1,600 Crore in Luxury Housing Project in Gurugram

Realty firm Satya Group and Maple Group are set to launch a luxury housing project in Gurugram, marking a significant investment in the real estate sector. The project, named 'Levante Residences', will be developed at a cost of approximately Rs 1,600 crore and is expected to generate sales of Rs 2,000 crore. This ambitious project will be located in Sector 104, Dwarka Expressway, Gurugram, and will cover an area of 5 acres.

The development will consist of 488 units spread across three towers. The project is designed to be delivered in a single phase, ensuring a cohesive and high-quality residential experience. Satya Group and Maple Group are leveraging their combined expertise to create a luxury living space that meets the growing demand for premium housing in the region.

Satya Group has a strong track record in the real estate market, having developed over 12 million square feet of area across various cities including Delhi, Gurugram, Noida, Bengaluru, Goa, Indore, Bhatinda, and Patiala. The company's experience in delivering large-scale projects has positioned it as a leader in the industry. Maple Group, on the other hand, has a robust portfolio of residential, commercial, and hotel projects in the Delhi NCR region, further enhancing the credibility and potential of the 'Levante Residences' project.

The choice of Sector 104, Dwarka Expressway, for this luxury housing project is strategic. The area is rapidly developing and is known for its excellent connectivity, making it an attractive location for both residents and investors. The Dwarka Expressway is a major arterial road that connects Gurugram to Delhi, facilitating easy access to key business districts and amenities.

The investment of Rs 1,600 crore in the project underscores the confidence of Satya Group and Maple Group in the real estate market of Gurugram. The anticipated sales realization of Rs 2,000 crore reflects the high demand for luxury housing in the region. The project is expected to not only provide high-quality living spaces but also contribute significantly to the local economy by creating jobs and driving infrastructure development.

In a statement, Satya Group expressed its excitement about the project, emphasizing the company's commitment to delivering premium housing solutions. Maple Group also highlighted the synergies between the two companies and the potential for creating a landmark development in Gurugram.

The 'Levante Residences' project is expected to set new standards in luxury living, offering residents a blend of modern amenities, sustainable living practices, and a strategic location. With the growing trend of urbanization and the increasing preference for luxury housing, this project is poised to attract a diverse range of buyers, from young professionals to established families.

In conclusion, the collaboration between Satya Group and Maple Group to develop the 'Levante Residences' project in Gurugram is a significant step in the real estate sector. The project promises to deliver a premium living experience and is expected to contribute positively to the local economy and urban landscape.