By Team Homes | Tuesday, 03 September 2024

Landmark Group eyes to invest Rs.4200 crore in 2 years for Residential Portfolio expansion

Landmark Group, a gurugram-based realty developer is equipping to grow its business portfolio with the high potential project pipeline. Upheld by the enhanced arrangement of private, business, and retail, the organization intends to put Rs.4200 crore in the following two years to launch a blend of ventures in the luxury segment, retail, and business.

The upcoming projects of the company are situated in the thriving Gurugram micromarkets of Dwarka Expressway and New Gurgaon.

One of its forthcoming ventures will be a group housing project along Dwarka Expressway, and another is a top notch high road project in New Gurgaon.

By the end of 2024, it is anticipated that these two projects will go live. As of now, the organization has two continuous tasks in Gurugram.

A DDJAY project with 228 floors and 170 plots, Landmark Avana in Section 95 Gurugram was launched last year. It is a low-density, high-quality project that covers 15 acres. The organization has caused an income of Rs.700 crore from this task which is booked to be conveyed by 2028.

The organization's other under-development project is Landmark Springhomes 81 situated in section 81 Gurugram. It is a project for affordable housing with 694 residential units and 33,000 square feet of commercial space that will be finished by December 2024.

With a rich legacy traversing twenty years, the Landmark Group has delivered a few undertakings characterizing trendy living. The organization's different land portfolio incorporates municipalities, villas, group housing, and mixed use retail spaces like Landmark Cyberpark, Landmark Avenue, Landmark Golden Villas, Landmark Platinum villas, Joy Street and collaborating spaces like Plus offices and VentureX. With a solid presence across Gurugram, Faridabad, and Kurukshetra, the organization has effectively conveyed 15 private undertakings, 3 business tasks, and 2 retail projects.

Expresing to this, Sandeep Chhillar, Chairman & Founder of the Landmark Group says, “The real estate sector is flourishing and Gurugram’s realty market growth has been impressive over the last couple of years. Gurugram and its micro-markets continue to be the preferred investment destination for investors and buyers across residential, retail, and commercial segments. With our expansion plan, we aim to cater to the burgeoning demand in the region and enhance our product portfolio”.

Further he added, “We are confident that our project pipeline is best suited for the ever-evolving dynamics of the real estate market. Our expected launches will add significant value in continuing our journey of growth and innovation together”