Zuari Infraworld to Develop ₹1,500 Crore Real Estate Project
In a major development in the Indian real estate sector, Zuari Infraworld India Limited (Zuari Infra), a wholly-owned subsidiary of Zuari Industries Limited, has signed a Development Management Agreement with Gangothri Developers. The agreement involves providing management services for a residential project in Hyderabad’s Kollur micro market. The project will span approximately 9.4 acres and the estimated project cost exceeds ₹1,500 crore.
This massive project is set to be a game-changer in the Indian real estate landscape, particularly in the city of Hyderabad. The project will feature high-rise towers, offering luxurious living spaces to the residents. The project’s prime location in the Kollur micro market ensures excellent connectivity to major business hubs, educational institutions, and healthcare facilities.
The agreement between Zuari Infraworld and Gangothri Developers marks a significant milestone in the company’s journey to become a leading player in the Indian real estate sector. Zuari Infraworld has been actively involved in developing infrastructure projects across various sectors, including residential, commercial, and industrial. The company’s expertise in project management, construction, and real estate development will ensure the successful completion of this massive project.
The project’s estimated cost of ₹1,500 crore is a testament to the company’s commitment to delivering high-quality projects. The company has a proven track record of delivering projects on time and within budget, making it an attractive partner for developers and investors.
The Kollur micro market, where the project is located, is a rapidly growing area in Hyderabad. The area is known for its excellent connectivity to major business hubs, educational institutions, and healthcare facilities. The project’s proximity to the Outer Ring Road and the International Airport ensures easy access to major transportation routes.
The project’s amenities and features will include a range of modern facilities, including a clubhouse, swimming pool, gym, yoga and meditation room, and outdoor recreational spaces. The project will also feature modern amenities such as a shopping complex, restaurant, and coffee shop.
The apartment configurations will range from 2BHK to 4BHK, with sizes ranging from 1,000 sq ft to 3,000 sq ft. The project will have a total of 1,500 units, with 30% of the apartments reserved for the government’s affordable housing scheme.
The project’s launch is expected to be a major draw for homebuyers in Hyderabad. The project’s unique selling proposition (USP) lies in its prime location, modern amenities, and competitive pricing. The project’s developers are confident that it will be a huge success, given the growing demand for quality housing in the city.
In conclusion, the ₹1,500 crore real estate project by Zuari Infraworld and Gangothri Developers is a significant development in the Indian real estate sector. The project’s prime location, modern amenities, and competitive pricing make it an attractive option for homebuyers in Hyderabad. The company’s expertise in project management, construction, and real estate development ensures the successful completion of this massive project.
