Latest news with #JetaishGupta
Time of India
5 days ago
- Business
- Time of India
Adore Group to invest Rs 800 Crore in luxury residential project in Faridabad
NCR-based realty developer Adore group will invest Rs 800 crore in developing a luxury residential project in sector 76, Faridabad. The group has bought this 5.47 acres of land parcel from Haryana Shahari Vikas Pradhikaran (HSVP) in the year 2023 in an auction. The company has cleared all the dues and this is fully paid up land parcel. 'The economy in the region is thriving backed by a surge in IT and manufacturing industry. The number of buyers are expanding in the city comprising family business scion, self-made entrepreneurs and corporate c-suites,' said Jetaish Gupta of Adore Group. Adore is working on more than 20 projects with a cumulative area of over 10 million sq. ft. Other developers like Omaxe and Bhumika are also eyeing expansion in Faridabad with the demand increasing. Live Events
The Print
26-05-2025
- Business
- The Print
Adore Group to invest Rs 800 cr on new housing project in Faridabad, Haryana
Spread across 5.47 acres of land, the project will have 190 apartments. In a statement on Monday, the company said it has launched a ultra luxury project 'The Select Premia' in Sector-76, Faridabad. New Delhi, May 26 (PTI) Realty firm Adore Group will invest around Rs 800 crore to develop a luxury housing project in Faridabad. The Group had bought land parcel from Haryana Shahari Vikas Pradhikaran (HSVP) in 2023 through auctions. The project cost will be about Rs 800 crore, including land, construction and other expenses, the company said. Jetaish Gupta of Adore Group said that, 'Faridabad is at an interesting juncture of growth and evolution. The economy is thriving backed by a surge in IT and manufacturing industry.' Adore Group has completed 17 projects, largely housing, Faridabad and Gurugram. According to data analytics firm PropEquity, Delhi-NCR housing market saw a 63 per cent year-on-year increase in sales to Rs 1.53 lakh crore during the 2024 calendar year. PTI MJH MR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
26-05-2025
- Business
- Business Standard
Adore Group to invest ₹800 crore in premium housing project in Faridabad
Realty firm Adore Group will invest around Rs 800 crore to develop a luxury housing project in Faridabad. In a statement on Monday, the company said it has launched a ultra luxury project 'The Select Premia' in Sector-76, Faridabad. Spread across 5.47 acres of land, the project will have 190 apartments. The Group had bought land parcel from Haryana Shahari Vikas Pradhikaran (HSVP) in 2023 through auctions. The project cost will be about Rs 800 crore, including land, construction and other expenses, the company said. Jetaish Gupta of Adore Group said that, "Faridabad is at an interesting juncture of growth and evolution. The economy is thriving backed by a surge in IT and manufacturing industry." Adore Group has completed 17 projects, largely housing, Faridabad and Gurugram. According to data analytics firm PropEquity, Delhi-NCR housing market saw a 63 per cent year-on-year increase in sales to Rs 1.53 lakh crore during the 2024 calendar year.
