ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Gurugram's affordable housing to be built by Ganga Realty for Rs 7.5 bn
Real Estate

Gurugram's affordable housing to be built by Ganga Realty for Rs 7.5 bn

The first affordable housing complex, dubbed "Tathastu," will be developed in Gurugram by the real estate company Ganga Realty, which is situated in Gurugram. The project is 20 minutes away from the proposed metro station and is situated in Sector 5 of Gurugram. It will also provide simple access to the KMP Expressway and IGI Airport.

As part of the project, the business will build 14 towers with about 2972 affordable units. With a carpet area of 645.73 sq ft and a super area of 1000 square feet, the project would provide 3 BHK units. The cost of the 3BHK configuration apartments is Rs 2.5 million.

About 22 acres will be covered by the project. It will receive funding from a variety of sources, including internal financial strengths and client advances.The company is totally "debt-free" and the project is "self-funded," with completion anticipated for the first quarter of 2027.

The housing development will also include a number of recreational facilities, including a park, a kids' area, an elevated clubhouse, a swimming pool, and many other features. Schools, commercial centres, and other facilities are nearby as well.

Also read:
BL Kashyap wins orders worth Rs 158 crores
DLF to spend 40% of yearly capex on commercial projects in Chennai


The first affordable housing complex, dubbed Tathastu, will be developed in Gurugram by the real estate company Ganga Realty, which is situated in Gurugram. The project is 20 minutes away from the proposed metro station and is situated in Sector 5 of Gurugram. It will also provide simple access to the KMP Expressway and IGI Airport. As part of the project, the business will build 14 towers with about 2972 affordable units. With a carpet area of 645.73 sq ft and a super area of 1000 square feet, the project would provide 3 BHK units. The cost of the 3BHK configuration apartments is Rs 2.5 million. About 22 acres will be covered by the project. It will receive funding from a variety of sources, including internal financial strengths and client advances.The company is totally debt-free and the project is self-funded, with completion anticipated for the first quarter of 2027. The housing development will also include a number of recreational facilities, including a park, a kids' area, an elevated clubhouse, a swimming pool, and many other features. Schools, commercial centres, and other facilities are nearby as well. Also read: BL Kashyap wins orders worth Rs 158 croresDLF to spend 40% of yearly capex on commercial projects in Chennai

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement