Nov 06, 2023

Anant Raj Ltd to Launch Rs 4,000 Crore Residential Projects in Gurugram and Andhra Pradesh

Anant Raj Ltd, the prominent real estate firm, is gearing up to unveil three housing projects in Gurugram and Andhra Pradesh over the next 6-9 months, reports Daily Excelsior. These projects, driven by robust demand for residential properties, are anticipated to generate an estimated revenue of approximately Rs 4,000 crore. According to Daily Hunt, in Gurugram, the company is set to introduce a luxury group housing project encompassing over one million square feet. Additionally, they plan to launch plots and villas within their existing Anant Raj Estate township as per Realty Buzz. Furthermore, Anant Raj is constructing 1,900 affordable housing units in Tirupati, primarily targeting those employed in nearby industrial units. Amit Sarin, Managing Director of Anant Raj Ltd, shared with Republic TV that they expect to earn around Rs 4,000 crore in revenue from these projects. The company has also begun work on a mixed-use project in South Delhi, featuring a hotel, serviced apartments, and an office complex, as per Projects Today adding to its growth strategy.