Gurugram

Anant Raj Ltd. will construct a luxury housing development in Gurugram with an estimated revenue of 1800 crore rupees

February 17, 2024

4 min read

On February 13, the Delhi-based listed real estate developer Anant Raj Ltd announced its intention to construct a luxury group housing project in Gurugram, which the company estimates will generate around 1800 crore rupees in revenue.

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About the Luxury Housing Development

Developer Anant Raj Ltd.
Location Gurugram, Haryana
Anticipated Revenue 1800 crore
Number of Condominiums 248 (opulent high-rise)
Apartment Type 4 BHK
Apartment Area Range 3,700 to 4,800 square feet
Development Area 5.43 acres

Details about the Estate Residences

  • Located in Sector 63A, Gurugram, Haryana
  • Saleable Area: 1 million square feet
  • Features opulent high-rise residences

Connectivity

  • Connected via a 60-meter-wide road
  • Fully operational 24-meter-wide road

Regulatory Information

The organization has obtained all necessary authorizations for the development, including:

  • Registration from the Haryana Real Estate Regulatory Authority (HARERA)

Statements by Aman Sarin

"Within the next eighteen months, Anant Raj Limited has numerous group housing projects in the works, including this luxury development," said Aman Sarin, director and chief executive officer of the company.

He expressed confidence that this project would establish new benchmarks in residential living due to its prominent location , world-class amenities, and unparalleled luxury.

Other Initiatives

Recent announcements by Anant Raj Ltd. include:

  • Initiating two residential developments in Gurgaon
  • Increasing the footprint of an existing hotel in the Chattarpur locality of South Delhi
  • Building approximately 1,900 industrial housing units in Tirupati, Andhra Pradesh

Approximately 4,000 crore in revenue potential is anticipated for these four initiatives, Sarin had stated at the time.

Recent Investments

Recent announcements by Anant Raj Ltd. include an investment of 10,000 crore in its data centre vertical, which is currently under construction in Manesar, Rai, and Panchkula, in addition to its residential projects.

Frequently Asked Questions

What is the anticipated revenue for the luxury housing development project by Anant Raj in Gurgaon?

What are some of the other initiatives announced by Anant Raj Ltd., apart from the luxury housing?

How many opulent high-rise condominiums are anticipated to be in the development?

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