August 8, 2023: Noida-based real estate developer Galaxy Group, along with Sawasdee Group, is set to develop an ultra-luxurious residential project in south Delhi. The project is expected to come up at an estimated investment of Rs 1,000 crore. “This landmark project is set to become one of its first kinds of redevelopment projects in south Delhi, and is set to be amongst the most luxurious projects in India,” the company said in a statement.
Together, the companies have already delivered multiple projects in Greater Noida West. They are also developing multiple commercial projects in Delhi, primarily in old Delhi, Rohini and Paschim Vihar. The group is also constructing a mega retail and commercial destination in Sector-63, Noida.
Pradeep Kumar Agrawalla, director, Galaxy & Sawasdee Group, said: “We are happy to announce our further expansion plans in Delhi. We believe that Delhi has a lot of potential for modern construction and people are happy to invest in luxury especially if it’s in South Delhi.” “South Delhi anyways has always been the epitome of luxury and fashion with HNI’s forming the major part of the population. We have already seen good response in our other Delhi based projects, and hence when we wanted to build luxury, we were keen on choosing south Delhi,” he adds.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
