Smart World, a leading real estate developer, has announced plans to invest INR 30 billion (approximately USD 400 million) in three new housing projects in Gurugram, India. The projects will offer a mix of residential and commercial properties and will be developed in collaboration with other renowned developers.
The first project, Smart World City, will be a mixed-use development that will offer residential apartments, serviced apartments, commercial spaces, and retail outlets. The project will be developed in partnership with Vatika Group and will be spread across 150 acres of land.
The second project, Smart World Low Rise, will be a low-rise residential development that will offer premium apartments and villas. The project will be developed in partnership with Central Park and will be spread across 25 acres of land.
The third project, Smart World Developers Luxury, will be a luxury residential development that will offer high-end apartments and villas. The project will be developed in partnership with M3M India and will be spread across 15 acres of land.
The three projects are expected to cater to the growing demand for premium housing in Gurugram, which is one of the fastest-growing cities in India. Gurugram has emerged as a major hub for IT and business services, and the demand for premium housing has been on the rise.
Smart World’s investment in these projects is a testament to the company’s commitment to the Indian real estate sector. The company has a strong track record of delivering high-quality projects that offer a mix of residential and commercial properties.
In conclusion, Smart World’s plans to invest INR 30 billion in three new housing projects in Gurugram is a significant development for the Indian real estate sector. The projects are expected to cater to the growing demand for premium housing in the city, and Smart World’s investment is a testament to its commitment to the sector. The company’s collaboration with other renowned developers is expected to bring in new ideas and innovations to the projects.
