Brahma realty kick-start ₹1,700 cr project in Gurgaon

In a newest development in NCR realty sector, Brahma group has decided to invest ₹1,700 crore to develop an office-cum-retail project at Gurugram and with this the company marked its entry in the region. The New York-based Brahma group is an asset management company focusing on the Indian real estate sector and is developing over 200 acre township project at Panchkula in partnership with real estate major DLF where about 1,800 villas have already been delivered. Brahma group has also tied up with Adani Realty to develop a housing project 'Samsara' on 141 acre land in Gurugram, vice president Puneet Khullar said adding that the company is entering commercial real estate project and will be developing a mixed-use project on over 12 acre land parcel at Gurugram comprising 1.3 million sq.ft of leasable area in the project located on Delhi-Gurugram expressway.