Kanodia Group to inject Rs 50+ billion into real estate by 2028
Real Estate

Kanodia Group to inject Rs 50+ billion into real estate by 2028

The Kanodia Group announced its entry into the real estate sector with plans to invest over Rs 50 billion by 2028. They expressed intentions to delve into both residential and commercial segments.

According to Gautam Kanodia, the co-founder of the company, they aimed to allocate this substantial sum towards acquiring and developing residential and commercial projects. He mentioned that their initial focus would be on projects in the NCR region, with aspirations to extend their real estate presence to other areas.

The group, which has been active in the cement industry for more than three decades, currently oversees operations in three plants located in Sikandrabad, Bulandshahar, Amethi (Uttar Pradesh), and one in Bihar. These plants collectively boast a total capacity of 4.2 million tonnes per annum.

Kanodia Cement, a subsidiary of the group, disclosed plans to establish two cement grinding units in Uttar Pradesh with a combined capacity of five million tonnes per annum.

The Kanodia Group announced its entry into the real estate sector with plans to invest over Rs 50 billion by 2028. They expressed intentions to delve into both residential and commercial segments. According to Gautam Kanodia, the co-founder of the company, they aimed to allocate this substantial sum towards acquiring and developing residential and commercial projects. He mentioned that their initial focus would be on projects in the NCR region, with aspirations to extend their real estate presence to other areas. The group, which has been active in the cement industry for more than three decades, currently oversees operations in three plants located in Sikandrabad, Bulandshahar, Amethi (Uttar Pradesh), and one in Bihar. These plants collectively boast a total capacity of 4.2 million tonnes per annum. Kanodia Cement, a subsidiary of the group, disclosed plans to establish two cement grinding units in Uttar Pradesh with a combined capacity of five million tonnes per annum.

Next Story
Real Estate

Capacit’e Infraprojects Wins Rs 6.21 billion order from Saifee Burhani Upliftment Trust

Capacit’e Infraprojects has secured a Letter of Intent (LOI) worth Rs 6.21 billion (excluding GST) from Saifee Burhani Upliftment Trust (SBUT) for the execution of core and shell works, finishing, MEPF services, and other associated components of the redevelopment project—Sector 07 of the Saifee Burhani Upliftment Project—located at Ward ‘C’, Bhendi Bazaar, Mumbai. This is the third repeat order from SBUT to Capacit’e Infraprojects, underscoring the trust and satisfaction of a long-standing client in the company’s project delivery capabilities. Commenting on the develop..

Next Story
Resources

K Raheja Corp's Volunteering Drive Brings Back-to-School Cheer for Underprivileged Kids

Real estate major K Raheja Corp concluded its latest community initiative under the ‘Time Off for Volunteering’ programme, titled Paint a Pair, Show You Care. Held in association with NGO ConnectFor, the campaign was part of a larger 'Back to School' drive aimed at supporting underprivileged students from the Jhanvi Charitable Trust. More than 45 employees from across group companies—Mindspace Business Parks, Chalet Hotels Ltd., K Raheja Corp Homes, and Inorbit Malls—came together to hand-paint over 60 pairs of canvas shoes for children preparing to return to school. Volunteers al..

Next Story
Infrastructure Urban

CCI Worldwide Logistics Launches ‘Trans Africa’ Freight Service

CCI Worldwide Logistics, the international freight forwarding arm of the CCI Group, has launched ‘Trans Africa’—a technology-led logistics platform aimed at streamlining cross-border trade across Africa. The company is investing Rs 1.06 billion in the initiative, targeting an annual freight volume of 5,000 TEUs by air and sea, with an estimated 15 per cent return on investment. The service is being rolled out in key markets such as Nigeria, Kenya, South Africa, Ghana, and Egypt, with planned expansion into Francophone West Africa, Central Africa, and landlocked nations including Uga..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?