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.

Next Story
Technology

BBMP Pledges Faster E-Khata Processing Amid Citizen Complaints

Facing mounting complaints over delays in e-khata issuance, the Bruhat Bengaluru Mahanagara Palike (BBMP) has promised to resolve the issue within 10 days. BBMP Chief Commissioner Tushar Giri Nath assured citizens that efforts are underway to expedite processing rates from the current 2,000 to a target of 10,000–15,000 applications daily. "We have cleared 90% of the 90,000 pending applications, leaving only 4,500 to process. To meet the demand, over 800 additional staff and assistant revenue officers (AROs) have been deployed to manage applications in each ward," Nath stated. Persistent Dela..

Next Story
Real Estate

Delhi HC Orders DDA to Assist CBI in Housing Lapses Probe

The Delhi High Court has instructed the Delhi Development Authority (DDA) to fully cooperate with the Central Bureau of Investigation (CBI) in its probe into alleged lapses in the construction of 336 high-rise HIG/MIG houses at Signature View Apartments, north Delhi. Justice Chandra Dhari Singh emphasized that DDA must furnish information about any internal inquiry and the officials involved to facilitate the investigation. The court noted CBI’s submission that DDA had not responded to multiple reminders since July, delaying the probe. The CBI is investigating allegations of "cheating, crimi..

Next Story
Infrastructure Urban

Mahindra Lifespace to Appeal Tamil Nadu GST Tax Demand

Mahindra Lifespace Developers Ltd has announced a tax demand of Rs 20.9 million imposed by the Tamil Nadu GST department, including interest and penalties. The order, issued by the Assistant Commissioner of State Tax, Chengalpattu, cites an alleged shortfall in GST payments under Section 74 of the GST Act, 2017. The realty firm refuted the allegations, stating, “Based on the company's assessment, there is no noncompliance, and a general penalty has been imposed.” The company plans to appeal the order, expressing confidence in a favorable resolution. Mahindra Lifespace assured stakeholders ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000