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Real Estate

Real Estate

The Group has two distinct verticals:

  1. Residential
    The Real Estate division of the Group started with a joint venture with the Ansal Group (API) to develop a shopping mall in Ludhiana which was completed in the year 2006 and was the first shopping mall in Punjab having tie-ups with top Indian and International brands.

    Thereafter the Group tied up with a joint venture to develop a group housing project in Mohali under the brand name of Marina Heights and the project was sold in 2010.

    The Group has acquired land in Goa, Gurgaon and Delhi for Luxury residential development. The development for all 3 projects are expected to start in the last quarter of 2014.

  2. Commercial
    The Group own over 200000 sq.ft. of commercial real estate in New Delhi which is rented out to large corporates and banks such as JK Industries, Religare, Oriflame, Central Bank of India etc.
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