Landmark Group to Invest Rs 42 billion in Residential, Commercial Projects

03 Sep 2024 CW Team

The Gurugram-based Landmark Group has announced plans to invest Rs 42 billion to broaden its portfolio across residential, retail, and commercial sectors within the next two years. This strategic investment is aimed at expanding the company's footprint and enhancing its offerings in these key areas of real estate development.

As part of its expansion strategy, the company has outlined plans to initiate two significant projects. The first is a group housing project situated along the Dwarka Expressway, a location expected to attract considerable interest due to its strategic position. The second project involves the development of a high-street commercial project in New Gurugram, designed to cater to the growing demand for retail and commercial spaces in the area. Both of these projects are slated for launch by the end of the current year, reflecting the company's commitment to rapid growth and development.

In addition to these upcoming projects, the Landmark Group currently has two ongoing developments in Gurugram. One of these is Landmark Avana, which was introduced in 2023 in Sector 95. This project is part of the DDJAY (Deen Dayal Jan Awas Yojana) scheme, aimed at providing affordable housing options. The Landmark Avana project has already generated revenue amounting to Rs 7 billion and is projected to be completed by 2028.

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