Gurgaon-based real estate developer Ganga Realty plans to invest Rs 1,200 crore in developing a luxury residential project on a 5-acre land in Sector 85, Gurgaon. The company will finance the construction through internal funds and customer advances, expecting to generate Rs 2,000 crore in revenue from the project.
This development will feature the tallest residential towers in Gurugram, with G+59 storey buildings, and is slated for completion within the next five years. The location offers excellent connectivity, being close to the Dwarka Expressway, the iconic Global City project, NH-8, and just a 20-minute drive from IGI Airport.
As Ganga Realty’s second luxury housing project, it reflects their commitment to sustainable living through smart and calibrated technologies, according to Vikas Garg, Joint Managing Director of Ganga Realty.
The project will offer 3 and 4 BHK apartments, including a servant room and a utility room, totaling 524 units. Prices will start from Rs 16,500 per sq ft. Garg emphasized that the project, expected to be delivered in the next five years, offers excellent connectivity to IGI Airport, the Global City project, and major avenues in Delhi, setting a new benchmark in Gurugram and Delhi real estate.
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