Kanodia Group Acquires Land in Gurugram for Luxury Project

Kanodia Group has purchased a 1.74-acre land
Kanodia Group has purchased a 1.74-acre land parcel in Sector 46, Gurugram, for around Rs 153 crore. The group intends to develop a luxury project on this site.

Gautam Kanodia, the company's co-founder, stated, "We aim to achieve over Rs 1,000 crore in revenue from this project. It's set to launch by year-end and projected to complete within 48 to 60 months."

Additionally, the group plans to invest more than Rs 5,000 crore in the industry over the next 5-7 years. They are also looking to broaden their footprint in Bihar, Haryana, Rajasthan, and Uttar Pradesh.
📅 Published on: 17 April 2024
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