Shapoorji Pallonji Real Estate, Kanodia to create 1.74-acre luxury project
Real Estate

Shapoorji Pallonji Real Estate, Kanodia to create 1.74-acre luxury project

Shapoorji Pallonji Real Estate (SPRE) has entered into a joint venture with Kreeva, the real estate arm of the Kanodia Group, to develop a luxury residential project in Gurugram, specifically at Sector 46.

Spanning 1.74 acre, the project will feature luxury apartments aimed at homebuyers in the National Capital Region (NCR), as stated by the company.

Venkatesh Gopalakrishnan, Director of the Group Promoter's Office and MD & CEO of SPRE, expressed excitement about the partnership with KREEVA, emphasizing the company's intention to bring their real estate development expertise to Gurugram’s Sector 46. He noted that this collaboration aligns with their vision of expanding their presence in key markets across India. Gopalakrishnan mentioned that this marks their second project in Gurugram and aims to create a landmark that will redefine the skyline of the area while offering an unparalleled living experience.

Gautam Kanodia, founder of Kreeva and co-founder of the Kanodia Group, indicated that the company is pleased to collaborate with SPRE on this luxury housing project. He expressed confidence that by combining the strengths of both companies, they would deliver a world-class living experience that establishes a new standard for luxury in one of Gurugram's most prestigious locations.

With a development potential exceeding 142 million square feet, Shapoorji Pallonji Real Estate has established a presence in numerous Indian cities, including Mumbai, Pune, Bengaluru, Gurugram, and Kolkata. Their diverse developments range from luxury apartments and opulent residences to aspirational homes for mid-income buyers, as well as one of the largest mass housing projects in India, according to the statement.

Shapoorji Pallonji Real Estate (SPRE) has entered into a joint venture with Kreeva, the real estate arm of the Kanodia Group, to develop a luxury residential project in Gurugram, specifically at Sector 46. Spanning 1.74 acre, the project will feature luxury apartments aimed at homebuyers in the National Capital Region (NCR), as stated by the company. Venkatesh Gopalakrishnan, Director of the Group Promoter's Office and MD & CEO of SPRE, expressed excitement about the partnership with KREEVA, emphasizing the company's intention to bring their real estate development expertise to Gurugram’s Sector 46. He noted that this collaboration aligns with their vision of expanding their presence in key markets across India. Gopalakrishnan mentioned that this marks their second project in Gurugram and aims to create a landmark that will redefine the skyline of the area while offering an unparalleled living experience. Gautam Kanodia, founder of Kreeva and co-founder of the Kanodia Group, indicated that the company is pleased to collaborate with SPRE on this luxury housing project. He expressed confidence that by combining the strengths of both companies, they would deliver a world-class living experience that establishes a new standard for luxury in one of Gurugram's most prestigious locations. With a development potential exceeding 142 million square feet, Shapoorji Pallonji Real Estate has established a presence in numerous Indian cities, including Mumbai, Pune, Bengaluru, Gurugram, and Kolkata. Their diverse developments range from luxury apartments and opulent residences to aspirational homes for mid-income buyers, as well as one of the largest mass housing projects in India, according to the statement.

Next Story
Infrastructure Energy

Ore Transit Halt Causes Rs 20 Mn Daily Loss, says Mining Association

The Pakistan Bureau of Statistics (PBS) reported an extraordinary 850 per cent surge in gas prices over the past four months. The Goa Mineral Ore Exporters' Association (GMOEA) stated on Wednesday that continuous disruptions in transporting iron ore from Vedanta Sesa Goa's Bicholim mine block are causing daily losses of nearly Rs 20 million. According to GMOEA secretary Glenn Kalavampara, villagers' "unreasonable demands" are having detrimental financial and reputational effects.The GMOEA emphasized that the government bears responsibility for addressing these concerns, as it had auctione..

Next Story
Infrastructure Energy

Pakistan Hit by Staggering 850% Gas Price Hike Amid Soaring Inflation

The Pakistan Bureau of Statistics (PBS) reported an extraordinary 850% surge in gas prices over the past four months. During a session of the National Assembly chaired by Deputy Speaker Ghulam Mustafa Shah, detailed data on the rising costs of essential commodities were presented. The PBS highlighted that sugar prices had increased by 53.5 per cent, while palm oil prices rose by 61 per cent over the past five years. Additionally, soybean oil, wheat, and crude oil experienced a 35 per cent price hike during the same period. The PBS attributed the overall inflation to the rising c..

Next Story
Infrastructure Energy

Iranian Oil Minister Appointed as OPEC President

Iranian Oil Minister Mohsen Paknejad has been chosen as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025. OPEC announced the election of its upcoming president in a press release on its website and expressed gratitude to Marcel Abeke, Gabon's minister of petroleum, for his leadership as the organisation's president in 2024. This announcement was reported by Xinhua news agency, citing Iran's official news agency, IRNA. IRNA reported that Paknejad expressed his dedication to leveraging all his capabilities to ensure the organisation's cons..

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