 "Landmark Group’s Ambitious ₹4,200 Crore Expansion Transforms Delhi-NCR Real Estate")
Landmark Group, a prominent real estate firm, is set to invest Rs 4,200 crore in a new housing and commercial project in the Delhi-NCR region. This investment is part of the company’s strategy to expand its portfolio with a variety of luxury housing, retail, and commercial offerings over the next two years. The upcoming projects will be located in key areas of Gurugram, including Dwarka Expressway and New Gurugram, capitalizing on the area’s growth in the real estate Market. Currently, Landmark Group has two ongoing projects: Landmark Avana, featuring 228 independent floors, and Landmark Springhomes 81, which includes 694 residential units and commercial space, both scheduled for future completion.
Landmark Group to Invest Rs 4,200 Crore in Delhi-NCR Real Estate
Gurugram-based Landmark Group has announced an ambitious plan to invest Rs 4,200 crore in developing a new housing and commercial project in the Delhi-NCR region. This move is part of the company’s strategy to expand its portfolio amid growing demand in the thriving real estate Market.
The firm highlighted that it is targeting a mix of luxury housing, retail, and commercial projects set to launch over the next two years. These developments will be located in desirable micro-markets within Gurugram, particularly along the Dwarka Expressway and New Gurugram areas.
Sandeep Chhillar, the Chairman and Founder of Landmark Group, emphasized that Gurugram’s real estate sector is booming. He noted, “With our expansion plan, we aim to cater to the burgeoning demand in the region and enhance our product portfolio.” Currently, Landmark Group is working on two ongoing projects in Gurugram.
One of these projects, ‘Landmark Avana’, spans 15 acres and includes 228 independent floors and 170 plots. The second project, ‘Landmark Springhomes 81’, features 694 residential units along with 33,000 sq ft of commercial space, and is expected to be completed by December 2024.
Landmark Group has successfully delivered 15 residential projects, along with several commercial and retail ventures, cementing its reputation in the competitive real estate landscape of Gurugram.
Tags: Landmark Group, real estate, Gurugram, Delhi-NCR, housing projects, commercial development, investment, luxury housing.
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What is Landmark Group planning to do with the investment in Delhi-NCR?
Landmark Group will invest Rs 4,200 crore over two years to develop new projects in the Delhi-NCR region. -
Why is Landmark Group focusing on the Delhi-NCR area?
Delhi-NCR is a large and growing Market with many opportunities for retail and hospitality, making it an attractive place for investment. -
How will this investment impact the local economy?
The investment will create jobs, boost local businesses, and contribute to overall economic growth in the region. -
What type of projects will Landmark Group be working on?
Landmark Group plans to work on various projects, including shopping malls, retail spaces, and possibly hospitality ventures. - When can we expect to see the results of this investment?
The projects are expected to roll out over the next two years, so results and developments should be visible during that time.
