Anant Raj unveils Rs 40 bn expansion plan Gurugram, Andhra Pradesh

09 Nov 2023 CW Team

In Gurugram's Sector 63A, Anant Raj will launch a luxury group housing project covering an expansive area of over one million square feet. Additionally, the company intends to roll out plots and villas spanning approximately 1 million square feet within its sprawling 200-acre township, 'Anant Raj Estate,' also located in Gurugram. Furthermore, Anant Raj has initiated the construction of 1,900 affordable housing units in Tirupati, Andhra Pradesh, catering to individuals employed in nearby industrial sectors. These affordable homes are priced below Rs 20 lakh per unit, making them accessible to a broader demographic.

Amit Sarin, the Managing Director of Anant Raj, shared the company's vision, stating, "We are gearing up to launch these three projects in Gurugram and Andhra Pradesh over the next 6-9 months, with an anticipated revenue of about Rs 40 billion."

Not stopping there, Anant Raj is also undertaking the development of a mixed-use project in South Delhi. This innovative endeavour will encompass a hotel, serviced apartments, and office complex, spanning an impressive 7 lakh square feet. Construction activities for this project have already commenced, signalling the company's commitment to diversifying its portfolio and meeting the evolving needs of the market.

In recent financial reports, Anant Raj showcased significant growth, with a remarkable 79% increase in its consolidated net profit, reaching Rs 603.7 million for the second quarter of the fiscal year. The company's total income for the July-September period of 2023-24 rose to Rs 3.4083 billion, compared to Rs 2.6587 billion in the corresponding period of the previous year. Additionally, the company's total expenses increased to Rs 2.6468 billion from Rs 2.2384 billion.

Anant Raj, a key player in the real estate sector of Delhi-NCR and adjacent areas, specialises in the development of housing, commercial, and data centre projects. Currently listed on stock exchanges, the company's shares were trading at Rs 240.65 apiece on the BSE, reflecting the company's market capitalisation at Rs 77.9938 billion, despite a marginal 0.46% dip in the afternoon trade.

Anant Raj, a prominent realty firm based in Delhi, has unveiled ambitious plans to introduce three new housing projects in Gurugram and Andhra Pradesh within the next 6-9 months. These projects, valued at an estimated Rs 40 billion, are a strategic move by the company to capitalise on the robust demand for residential properties. In Gurugram's Sector 63A, Anant Raj will launch a luxury group housing project covering an expansive area of over one million square feet. Additionally, the company intends to roll out plots and villas spanning approximately 1 million square feet within its sprawling 200-acre township, 'Anant Raj Estate,' also located in Gurugram. Furthermore, Anant Raj has initiated the construction of 1,900 affordable housing units in Tirupati, Andhra Pradesh, catering to individuals employed in nearby industrial sectors. These affordable homes are priced below Rs 20 lakh per unit, making them accessible to a broader demographic. Amit Sarin, the Managing Director of Anant Raj, shared the company's vision, stating, We are gearing up to launch these three projects in Gurugram and Andhra Pradesh over the next 6-9 months, with an anticipated revenue of about Rs 40 billion. Not stopping there, Anant Raj is also undertaking the development of a mixed-use project in South Delhi. This innovative endeavour will encompass a hotel, serviced apartments, and office complex, spanning an impressive 7 lakh square feet. Construction activities for this project have already commenced, signalling the company's commitment to diversifying its portfolio and meeting the evolving needs of the market. In recent financial reports, Anant Raj showcased significant growth, with a remarkable 79% increase in its consolidated net profit, reaching Rs 603.7 million for the second quarter of the fiscal year. The company's total income for the July-September period of 2023-24 rose to Rs 3.4083 billion, compared to Rs 2.6587 billion in the corresponding period of the previous year. Additionally, the company's total expenses increased to Rs 2.6468 billion from Rs 2.2384 billion. Anant Raj, a key player in the real estate sector of Delhi-NCR and adjacent areas, specialises in the development of housing, commercial, and data centre projects. Currently listed on stock exchanges, the company's shares were trading at Rs 240.65 apiece on the BSE, reflecting the company's market capitalisation at Rs 77.9938 billion, despite a marginal 0.46% dip in the afternoon trade.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Infrastructure Urban

13 Oct 2025

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Technology

13 Oct 2025

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..