'Shapoorji Pallonji' joins with Kanodia Group to develop a Luxury Housing project

Shapoorji Pallonji Real Estate (SPRE) has mentions that on October 15 it enters into a joint venture with Kanodia Group venture KREEVA to develop a luxury housing project in Sector 46 in Gurgram with a revenue potential of around Rs.1200 crore.

Extending across 1.74 acres, the project will consists of luxury apartments, targeting discerning home-buyers in the National Capital Region (NCR).

According to Venkatesh Gopalakrishnan,who is the Director Group Promoter’s Office says that "this collaboration is in line with our vision of expanding our footprint in key markets across India while delivering high-quality residential projects that cater to the evolving needs of homebuyers. This is our second project in Gurugram, and we aim to create a landmark that will redefine the skyline of the location and provide an unparalleled living experience’’.

 “We are delighted to collaborate with Shapoorji Pallonji Real Estate to bring this luxurious residential project to life in Gurugram. By leveraging the combined strengths of both companies, we are confident in delivering an unparalleled, world-class living experience that sets a new standard for luxury in one of Gurugram’s most prestigious locations,” said Gautam Kanodia, Founder, KREEVA and Co-Founder, Kanodia Group.

SPRE has developed a potential number of over 142 million square feet and has made roads into most of the Indian cities like Mumbai, Pune, Bengaluru, Gurugram and Kolkata with a number of developments starting from luxury homes apartments to lavish residences to aspirational homes for mid-income home-buyers as one of the largest mass housing projects in India.