Ganga Realty, a Gurugram-based realty firm, has announced its plans to invest ₹750 crores towards developing its first affordable housing project, named 'Tathastu' in Gurgaon. The project is located in Sector 5, Sohna-Gurugram, and is just a 20-minute drive from the proposed metro station. It is also well-connected to the IGI Airport and KMP Expressway.
Spread over approximately 22 acres, the project will consist of 14 towers and around 2,972 affordable units, offering 3 BHK apartments with a carpet area of 645.73 sq ft and a super area of 1000 sq. ft. The units are priced at Rs 25.14 lakhs each. The company plans to fund the project through internal monetary strengths and customer advances. The project is expected to be delivered by the first quarter of 2027.
The project is self-funded, and the company is completely debt-free. It is expected to have several recreational amenities, including in-house commercial shops, an elevated clubhouse, a swimming pool, a kids dedicated area, and a park, among others. The vicinity also offers schools, shopping malls, and other facilities.
According to Vikas Garg, Joint MD, Ganga Realty, "Sohna is primarily an end-user-driven market, and hence has always had a sustained level of demand. Looking forward to the vision of Housing for All, homes in an affordable and mid-segment budget is a must to fulfill the demand for housing in the country."
The project has received overwhelming customer engagement within just two days of its launch and is oversubscribed. Garg further added that the project, though in the affordable category, will be built with the best of construction technology and will have all the world-class amenities. The entire investment would be met through internal accruals and customer advances.