Paras Buildtech launches INR 490 crore ultra luxury project in Gurugram


Paras Buildtech's new project, "The Manor," in Gurugram's upscale Gwal Pahari, aims at luxury living with 120 expansive apartments, each 4,750 sq. ft, priced around INR 9 crore. With an INR 490 crore investment, The Manor addresses the growing demand for high-end housing. Construction begins soon, targeting an August 2028 completion. The development highlights Gurugram's rise as a luxury housing hub, driven by affluent residents. Paras Buildtech, renowned for delivering over 15 million sq. ft of residential and commercial spaces, expects a total revenue of INR 1,200 crore from this exclusive project.

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Gurugram's real estate landscape is about to receive a shot of luxury with the announcement of "The Manor" by Paras Buildtech. This new project caters to a discerning clientele seeking an ultra-luxury living experience.

Located in the prestigious Gwal Pahari neighbourhood, known for its convenient location and seamless connectivity between Delhi and Gurugram, The Manor offers an unmatched address. The project will be a low-density development featuring only 120 expansive apartments, each boasting a generous 4,750 square feet of living space. This ensures a sense of exclusivity and unparalleled living space for residents.

Paras Buildtech plans to invest a significant sum of INR 490 crore in developing The Manor. This substantial investment reflects the growing demand for high-end housing in Gurugram. With property prices expected to be around INR 9 crore per apartment, The Manor caters to a specific segment of homebuyers seeking a premium living experience.

Construction for The Manor is expected to begin soon, with a targeted completion date of August 2028. This allows potential buyers ample time to plan their move and envision their life in this luxurious setting.

The development of The Manor signifies a trend of increasing demand for luxury housing in Gurugram. This trend is fuelled by a growing number of affluent individuals and businesses setting up base in the city. Paras Buildtech, with its established track record of delivering over 15 million square feet of residential and commercial spaces, is well-positioned to capitalize on this opportunity. The Manor adds another chapter to Gurugram's evolving story, solidifying its reputation as a hub for not only business but also sophisticated living for those seeking a luxurious lifestyle. Gwal Pahari is a sought-after neighbourhood in Gurugram known for its upscale homes, proximity to business districts, and easy access to amenities. The Manor project is expected to generate a total revenue (topline) of INR 1,200 crore for Paras Buildtech upon completion. With only 120 units available, The Manor offers a unique opportunity for those seeking exclusivity and a close-knit community within the project.

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