Kreeva, the real estate venture of Kanodia Group, is targeting Rs 4,000-6,000 crore revenue from the three ultra-luxury projects it has planned across NCR over the next 12-18 months.
“The luxury housing market is constantly evolving, and we see immense potential in this segment. With a commitment to innovation, design excellence, and sustainability, we aim to set new benchmarks in luxury real estate. Our goal is to launch a series of high-profile luxury projects across the targeted geographies,” said Gautam Kanodia, Kreeva’s founder and founder of Kanodia Group, and Kanodia Cement.
The company plans to launch at least one major project each year, targeting affluent buyers seeking exclusive, ultra-luxury homes. These apartments will offer high-end amenities and modern aesthetics, setting new standards for luxury living in these high-growth areas.
“With a strong investment plan for the next five years, our focus is clear: to drive growth while setting new standards in the luxury segment. By targeting land acquisition in high-demand areas of Delhi-NCR and leveraging state-of-the-art construction technologies, we aim to deliver projects that not only meet but exceed market expectations,” said Mayank Jain, CEO of Kreeva.
Earlier this year, the group had acquired 1.74 acres of land in Sector 46, Gurugram, for Rs 153 crore. The company recently partnered with Shapoorji Pallonji to develop a luxury housing project on the land, with a targeted revenue of Rs 1200 crore.