Shapoorji Pallonji and Kanodia to launch luxury project in Gurugram

18 Oct 2024 CW Team

Shapoorji Pallonji Real Estate (SPRE) has partnered with Kanodia Group's real estate venture, Kreeva, to develop a luxury residential project in Gurugram. The project will be situated on 1.74 acres in Sector 46, aiming to attract homebuyers in the National Capital Region (NCR).

Venkatesh Gopalakrishnan, MD & CEO of Shapoorji Pallonji Real Estate, expressed enthusiasm about the collaboration, stating, "We are excited to partner with Kreeva to bring our expertise in real estate development to Gurugram's Sector 46." He highlighted that this project aligns with the company's strategy to expand its presence in key Indian markets.

"This marks our second project in Gurugram, and we aim to create a landmark that will redefine the skyline and offer an unparalleled living experience," Gopalakrishnan added.

Gautam Kanodia, founder of Kreeva and co-founder of Kanodia Group, emphasized the strength of the partnership, stating, "By leveraging the combined strengths of both companies, we are confident in delivering a world-class living experience that sets a new standard for luxury in one of Gurugram's most prestigious locations."

Shapoorji Pallonji Real Estate has a development potential exceeding 142 million square feet and operates in major Indian cities, including Mumbai, Pune, Bengaluru, Gurugram, and Kolkata, with a diverse range of projects from luxury apartments to mass housing initiatives. The Kanodia Group is involved in various sectors, including cement, building solutions, media, and real estate.

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