In order to expand its presence in Delhi and Gurugram property markets, Bharati Realty is currently negotiating with land owners as well as other developers for joint ventures to build new projects worth over ₹1,000 crore each in these locations, MD and CEO S K Sayal, said, adding that Bharti Realty currently has around 15 completed projects, having nearly 5 million sq.ft of fully leased Grade-A commercial space, in Delhi-NCR and some other cities. It has almost completed a 7 lakh sq.ft office building at Gurugram and will soon start the leasing process. The company would continue to focus on the national capital region market and that the size of the projects would be over ₹10 billion each and the deal could be finalized very shortly. In the case of Surajkund in Haryana, the company has got all regulatory approvals from the central as well as the state governments to start this project, comprising 2,300 units and around ₹20 billon of investment, he added.
