Tag: Anant Raj Limited

Business

Anant Raj Ltd Unveils Exclusive Ultra-Luxury Residences in Gurugram Township, Setting New Standards

May 17, 2024 by Mansi Praharaj 0 Comments #"THE ESTATE RESIDENCES, #4 BHK residences, #Anant Raj, #Anant Raj Cloud, #Anant Raj Limited, #Ashok Sarin, #Commercial, #Delhi, #Floors, #Group Housings, #NCR, #residential and commercial developments, #township, #Ultra Luxury Project, #Villas

Gurugram: Anant Raj Limited is currently focussing at their 200-acre integrated residential township in Sector 63A, Gurugram which has composition of Villas, Floors, Commercial and Group Housings. They recently introduced their Ultra Luxury Project, “THE ESTATE RESIDENCES,” featuring just 248 units of spacious 4 BHK residences, totalling over 1.00 million sq. ft. of saleable area. The market response to this project has been overwhelmingly positive, with units sold within a few days of launch. It is believed that Anant Raj has plans to introduce more projects within this township in various phases over the coming years. These launches will also include 3-4 Group Housings.

THE ESTATE RESIDENCES

In addition to the above township Anant Raj also possess significant land holdings, approximately 100 acres in Delhi and another 100 acres in NCR. Development of lands in Delhi is said to commence once the Master Development Plan 2041 of Delhi is notified.

Anant Raj Limited’s Founder Chairman, Sh. Ashok Sarin, had a vision of providing quality accommodation to industrial workers residing on the outskirts of cities. And hence planned for affordable housing project in Neemrana, Rajasthan, tailored to meet the needs of industrial workers. One more such project in Tirupati, Andhra Pradesh, represents another step towards enhancing the living conditions of factory workers.

Anant Raj boasts a rich legacy spanning more than five decades, marked by numerous investments across various sectors. With a diversified portfolio that includes a range of completed projects, encompassing both residential and commercial developments in Delhi, NCR, and several other cities.

Additionally, Anant Raj Cloud, a 100% subsidiary of Anant Raj Limited is spearheading the development of Tier-III and Tier-IV Data Centers with a total capacity of up to 307 MW. The company plans to invest over Rs 10,000 crores over the next 5 years.

Business

Real Estate Expert Views on Dwarka Expressway Inauguration – Krisumi Corporation & Anant Raj Limited

Mar 12, 2024 by Mansi Praharaj 0 Comments #Anant Raj Limited, #Dwarka Expressway, #Krisumi Corporation, #real estate

Mr. Mohit Jain, Managing Director, Krisumi Corporation

Major infrastructure projects act as a catalyst for the economy. This is the reason the government prioritizes such developments. Real estate as a sector immensely benefits on improved connectivity.

The Gurugram stretch of the Dwarka Expressway is expected to generate a similar positive impact. We anticipate continued robust demand for various types of properties in Gurugram, particularly near the expressway, for the next few years. This growth will likely encompass both residential and commercial sectors. The luxury housing market is also expected to perform well.

With a significant decline in unsold inventory Gurugram’s real estate market has displayed strong demand in recent years, with. A report by a leading consultant shows a remarkable 27% decrease in unsold housing units in Gurugram during 2023 alone. Looking ahead, the anticipated high demand fueled by the Dwarka Expressway opening is likely to lead to a further reduction in unsold properties. We can expect a surge in new launches, including both residential and commercial projects. In fact, we see a huge possibility of Dwarka Expressway emerging as a major hub for both residential and commercial development not just in Gurugram, but in the entire NCR region.

Mr. Aman Sarin, Director & Chief Executive Officer, Anant Raj Limited

The Delhi-Gurugram has seen tremendous growth after completion of Jaipur Expressway and became a major hub of economic and infrastructure activities. Similarly, completion of Dwarka Expressway is poised to be a transformative event, particularly in the National Capital Region (NCR), with Gurugram set to experience significant benefits. This new expressway promises to alleviate congestion on the Delhi-Gurugram stretch, offering another corridor of growth to Delhi and Gurugram.

From a real estate perspective, the completion of the Dwarka Expressway will benefit the numerous homebuyers who have invested in properties in this region. Additionally, this milestone will unlock numerous land parcels for development, presenting fresh opportunities for both Residential and Commercial Projects. Given the already robust demand for properties in Gurugram, the expressway’s completion is expected to further stimulate the market, driving up demand and potentially boosting demand of Commercial Real Estate.

The overall impact is anticipated to be highly positive, not only for the real estate sector but also for the broader urbanization efforts in Delhi & Gurugram. With improved connectivity and accessibility, the expressway is likely to catalyze further growth and development, setting the stage for a more vibrant and dynamic urban landscape in the region.