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Paras Buildtech expects total revenue topline of 1,200 crore from the Gurugram project’s launch with an investment of 490 crore.
In a statement, the real estate business Paras Buildtech announced the opening of a super luxury project in Gurugram, in which it plans to invest over ₹490 crore.
The “The Manor” project is situated in Gurugram’s Gwal Pahari neighbourhood. The 4.26-acre residential high-rise complex will house 120 opulent units.
Paras Buildtech “The Manor” Gwal Pahari, Gurgaon
We are introducing a brand-new, extremely opulent property in Gurugram. Each residence would cost between ₹9 and ₹10 crore, according to Paras Buildtech COO Kunal Rishi.
With an expenditure of ₹490 crore in this project, the business anticipates total revenue (topline) of ₹1,200 crore from this launch.
The flats will be 4,750 square feet in size. It is anticipated that the project will be completed by August 2028. The project is next to Paras Quartier, another opulent Paras Buildtech venture that debuted in 2012.
Paras Buildtech Has Delivered 15 Million Square Feet Of Space
Gwal Pahari, the Manor’s location, is tucked away between the business centers of Delhi, Faridabad, and Gurugram.
Paras buildtech has already delivered 15 million square feet of retail, commercial and residential spaces around the country.
“We are thrilled to introduce The Manor, setting a new benchmark in new-age luxury living in Delhi NCR,” stated Kunal Rishi, COO of Paras Buildtech, in response.
Modern homeowners seeking unmatched comfort and luxury will find The Manor to be well-curated, with its well-thought-out design, cutting-edge facilities, and peaceful, organic surroundings.
Paras Buildtech Has Built This Project For The Best Aravalli Hills View
Gwal Pahari has definitely become a popular option among Delhi NCR homeowners. Because of its unmatched strategic position, logistics between Delhi and Gurugram are easily facilitated.
The area also maintains its pure natural vegetation, which helps it have a higher Air Quality Index (AQI) than the majority of Gurugram’s urban landscape.
The majority of the inventory has already been sold, and the Paras team has gotten an incredible reaction from all parties involved,” he continued. Situated in the magnificent Aravalli Hills, The Manor epitomizes elegance amidst verdant surroundings, providing discriminating purchasers with an unmatched quality of life.
Gwal Pahari Has Experienced A Notable Increase In The Real Estate Demand
Living in an area with a low Air Quality Index (AQI) allows inhabitants to enjoy clean, fresh air and a verdant surroundings. We carefully considered cutting-edge sustainability measures in every facet of the first IGBC platinum-certified project, integrating them into the overall design, according to Rishi.
Because of the Manor’s location’s strategic proximity to Delhi and the city center, Gwal Pahari has experienced a notable increase in the demand for real estate. Situated located between the flourishing business centres of Delhi, Faridabad, and Gurugram, it provides inhabitants with an excellent position.
Paras Buildtech Has Two-Decade History Of Excellence In Real Estate
Prestigious real estate developments are drawn to Gwal Pahari because of its tranquil surroundings and plenty of green space, which appeals to purchasers looking to get away from the bustle of the city. The Manor offers inhabitants the ultimate in refined living, a seamless fusion of richness, utility, and exclusivity.
The Manor is proof of Paras Buildtech’s dedication to developing recognizable residential monuments in Gurugram, building on their two-decade history of excellence in real estate.
Having completed 15 million square feet of retail, commercial, and residential space successfully in the past, Paras Buildtech is proud to have a sizable pre-leasing for its most recent project, Paras Avenue in Sector 129, Noida.
Source-ET
