Raheja Developers, a prominent real estate firm, plans to invest INR 2,000 crore in its various projects over the financial years 2024, 2025, and 2026. This substantial commitment aims to expedite construction processes and ensure the timely delivery of residential and commercial properties. Raheja Developers has a well-established track record of delivering around 30 million square feet of real estate across various segments. Currently, they have 20 million square feet in progress, with the majority of projects scheduled for possession between fiscal years 2024 and 2026. This investment reflects the company's commitment to delivering innovative spaces and fulfilling its legacy in the industry.
Raheja Developers, a prominent real estate firm, is set to invest a staggering INR 2,000 crore in its various projects during the financial years 2024, 2025, and 2026. This substantial commitment is designed to expedite construction processes and ensure the timely delivery of both residential and commercial properties. With a well-established track record of delivering around 30 million square feet across various real estate segments, Raheja Developers currently has an additional 20 million square feet in progress, encompassing future development plans. The majority of these projects are scheduled for possession between fiscal years 2024 and 2026.
Nayan Raheja, a key figure at Raheja Developers, emphasizes the significance of this substantial investment, which is geared towards accelerating construction timelines and upholding the company's commitment to delivering dream homes and innovative commercial spaces. Raheja Developers boasts a remarkable legacy of over three decades, during which it has consistently redefined industry standards while creating value for all stakeholders.
Among Raheja Developers' ongoing residential projects, notable mentions include "The Leela Sky Villas" in Central Delhi, "Vanya" located in Sector-99 along the Dwarka Expressway in Gurugram, "Raheja Revanta" and "Tapas Townhouse" in Sector-78, Gurugram, "Raheja Shilas Independent Floors" in Sector 109, Gurugram, "Raheja Maheshwara" in Sectors 11 & 14 in Sohna, Haryana, "Sansara Floors At Raheja Oma" in Sector-2A, NH-8, Dharuhera, "Krishna Housing Scheme" in Sector-11 & 14, Sohna, Haryana, and Aranya City Phase-2 in Sohna.
On the commercial front, Raheja Developers has a host of projects under development, including "The Delhi Mall" located on Patel Road in New Delhi, "Raheja Trinity" in Sector-84, Gurugram, "Krishna Commercial Complex" in Sector-14, Sohna, Haryana, and "Raheja Market Sec-83 & 84 (SCO)" in Sector-83 and 84, Gurugram.
Established in 1990 by Mr. Navin M. Raheja, Raheja Developers has consistently upheld its reputation as a trailblazer in the Indian real estate industry. The company has achieved several milestones, from introducing trendsetting luxury housing to providing affordable homes to underprivileged communities, including the successful delivery of 2800 EWS units in partnership with the Delhi Development Authority (DDA). Raheja Developers' diverse portfolio encompasses India's tallest skyscrapers, expansive plotted townships, floors, apartments, and SCO (Shop-Cum-Office) spaces, redefining how people live, shop, and work.
Over the past three dynamic decades, Raheja Developers has forged collaborative partnerships with renowned names in construction, innovation, design, architecture, hospitality, and cinema. Collaborations with esteemed entities such as The Leela Lace Holdings, Tata Housing, Aedas, Arabtec, Thorton Tomasetti, L&T, Best Western, and Ginger Hotel have enabled Raheja Developers to consistently deliver value-for-money projects that redefine the standards of excellence in the real estate sector.
Raheja Developers' recent commitment of INR 2,000 crore underscores its dedication to maintaining its industry leadership position and contributing to the growth and development of India's real estate landscape through innovation and quality construction. This significant investment is expected to not only accelerate construction but also enhance the overall real estate experience for customers and stakeholders alike.
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