Kreeva, the prestigious real estate arm of the Kanodia Group, has unveiled ambitious plans for expansion within the competitive Delhi-NCR market. With an unwavering commitment to innovation, quality, and a customer-centric approach, Kreeva is set to launch three ultra-luxury projects in prime locations over the next 12 to 18 months. This expansion is expected to generate an impressive revenue stream of approximately Rs 4,000 to 6,000 crore, positioning Kreeva as a formidable player in the high-end real estate sector.
As part of its comprehensive five-year strategy, Kreeva aims to secure prime land in established and high-demand areas, including Golf Course Road, Golf Course Extension Road, Southern Peripheral Road, South Delhi, and Noida Expressway. The company plans to introduce at least one major project each year, specifically targeting affluent buyers in search of exclusive, luxury homes. These forthcoming residences will feature top-notch amenities and modern architectural designs, setting new benchmarks for luxury living in these burgeoning regions. The visionary founder of Kreeva and Kanodia Group, emphasised the evolving nature of the luxury housing market and the immense potential it holds. He stated, “Our commitment to innovation, design excellence, and sustainability aims to redefine luxury real estate. We envision launching high-profile projects that transform the landscape of Delhi-NCR while providing an unparalleled customer experience.”
CEO of Kreeva, reiterated the company’s focus on driving growth through strategic land acquisitions and state-of-the-art construction technologies. He remarked, “Our investment plan for the next five years is clear: to deliver projects that exceed market expectations while maintaining the exclusivity and quality that Kreeva represents.” With dedicated capital for land acquisition, project development, and brand building, Kreeva is poised to reshape the real estate sector in Gurugram, New Delhi, and Noida. Earlier this year, the company acquired 1.74 acres in Sector 46, Gurugram, for Rs 153 crore and has partnered with Shapoorji Pallonji to develop a luxury housing project there, projecting a revenue of Rs 1,200 crore. From a sustainability perspective, Kreeva’s focus on modern architecture and cutting-edge construction methods promises to minimise environmental impact while enhancing living standards. This commitment resonates with increasingly eco-conscious buyers who seek luxurious yet sustainable living options. The company’s initiatives reflect a broader industry trend towards responsible development, aiming to meet both luxury and sustainability demands in the evolving real estate market.
