Shapoorji Pallonji and Kanodia to launch luxury project in Gurugram
Real Estate

Shapoorji Pallonji and Kanodia to launch luxury project in Gurugram

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.

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.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement