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

Satya Group and Maple Group have announced a significant investment of Rs 1,600 crore to develop a premium residential project, Levante Residences, in Sector-104, Gurugram. The project is strategically located along the Dwarka Expressway, a rapidly developing corridor that is attracting substantial interest from both investors and homebuyers.

The Levante Residences will be spread over five acres and will consist of three towers, each reaching 47 floors. The development will offer a total of 488 apartments, ranging from three-BHK to five-BHK configurations. Prices for these premium units will start at Rs 2.96 crore, making it an attractive option for those seeking high-end living in Gurugram.

Construction on the Levante Residences is slated to begin in January 2026, with the project expected to be completed by 2030. The developers have outlined a comprehensive funding strategy, which includes a mix of promoter equity, participation from the ASK Fund, and internal cash flows. This diversified funding approach is designed to ensure the project's financial stability and timely completion.

The strategic location of Levante Residences along the Dwarka Expressway is a key factor in its expected success. The expressway is a critical artery connecting Gurugram to Delhi and other important regions, making it highly accessible and convenient for residents. Additionally, the growing preference for premium housing in Gurugram, driven by the city's economic boom and improving infrastructure, is expected to fuel strong demand for the project.

According to Satya Group and Maple Group, the anticipated sales realization from the Levante Residences is estimated at around Rs 2,000 crore. This figure underscores the long-term growth potential of the region’s real estate market and the confidence the developers have in the project's success. The development is poised to become a landmark residential complex, offering residents a high standard of living and a prime location in one of India's most dynamic cities.

Gurugram, formerly known as Gurgaon, has emerged as a major economic hub in recent years, with a thriving IT and business services sector. The city's rapid urbanization and infrastructure development have made it an attractive destination for both businesses and individuals. The Levante Residences project is a testament to the ongoing transformation of Gurugram and the growing demand for premium, high-rise residential developments in the area.