March 28, 2024: Business conglomerate Kanodia Group has announced its foray into the real estate sector with plans to venture into both residential and commercial segments. The group already has its presence in cement, hygiene and building solutions.
The company in a statement mentioned that looking into the upcoming boom in the real estate sector, Kanodia Group’s signature real estate venture will reflect its dedication to creating world-class residential and commercial spaces. The group aims to bring innovative and modern designs to its projects, setting them apart from traditional offerings.
Kanodia Group is particularly recognised for its presence in the cement industry for over 30 years. Owing to this, the group recognises the demand for urban housing and commercial developments.
Gautam Kanodia, co -founder, Kanodia Group, said, “With a strong foundation in allied sectors, we are committed to bringing our expertise and commitment to excellence to the real estate sector. Our mega entry into real estate, targeting to invest more than Rs 5,000 crore by 2028, aligns with our vision of contributing to the nation’s growth and development. We aim to invest this amount for the acquisition and development of residential and commercial projects. Initially focusing on projects in NCR, we aim to expand our real estate footprint to other regions as well.”
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With 16+ years of experience in various sectors, of which more than ten years in real estate, Anuradha Ramamirtham excels in tracking property trends and simplifying housing-related topics such as Rera, housing lottery, etc. Her diverse background includes roles at Times Property, Tech Target India, Indiantelevision.com and ITNation. Anuradha holds a PG Diploma degree in Journalism from KC College and has done BSc (IT) from SIES. In her leisure time, she enjoys singing and travelling.
Email: anuradha.ramamirtham@housing.com
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