Project estimated to generate over INR 1,200 crore in revenue potential
Shapoorji Pallonji Real Estate (SPRE), one of India’s most trusted real estate developers, has announced a joint venture with the Kanodia Real Estate Venture Arm (KREEVA) to develop a premium residential project in Sector 46, Gurugram — one of the city’s most sought-after neighbourhoods.
Spread across 1.74 acres, the upcoming development will feature luxury apartments designed for discerning homebuyers in the National Capital Region (NCR). The project promises a blend of contemporary design, superior construction quality, and state-of-the-art amenities, setting a new benchmark for urban living in Gurugram.
Commenting on the partnership, Mr. Venkatesh Gopalakrishnan, Director, Group Promoter’s Office and MD & CEO, Shapoorji Pallonji Real Estate, said: “We are excited to partner with KREEVA (Kanodia Real Estate Venture Arm) to bring our development expertise to Gurugram’s Sector 46. This collaboration aligns with our vision of expanding our footprint across key markets in India while delivering high-quality residential projects that meet the evolving aspirations of modern homebuyers. This marks our second project in Gurugram, and we aim to create a landmark that redefines the local skyline and offers an exceptional living experience.”
Dr. Gautam Kanodia, Founder, KREEVA and Co-Founder, Kanodia Group, added: “We are delighted to collaborate with Shapoorji Pallonji Real Estate to bring this luxury residential project to life. By leveraging the strengths of both companies, we are confident of delivering a world-class development that sets a new standard for luxury living in one of Gurugram’s most prestigious locations.”
Strategically located in Sector 46, the project offers excellent connectivity to major business hubs, healthcare facilities, educational institutions, and entertainment destinations across the NCR. With its prime location, spacious residences, and premium amenities, the development is poised to become a landmark address and a compelling investment opportunity for homebuyers and investors alike.
