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Avani Infratech to invest INR 750 crore in Gurugram and Sonipat projects over five years

#Builders & Projects#Commercial#India#Haryana#Gurugram
Synopsis

Avani Infratech has announced plans to invest around INR 750 crore over the next five years to develop three real estate projects in Gurugram and Sonipat, Haryana. The Delhi-based developer will launch all three developments during the current financial year, spanning residential, commercial and industrial segments. The planned projects include an integrated residential-commercial development in Sonipat, a group housing project in Sohna Sector 2, and a new industrial township at Sonipat-Kharkhouda. The company, part of the RASA Group, has already delivered six projects covering more than 11 lakh sq yd and maintains a land bank exceeding 300 acres for future expansion. The investment forms part of its strategy to strengthen its presence in emerging growth corridors across northern India.

Avani Infratech has outlined plans to invest around INR 750 crore over the next five years towards the development of three new projects in Gurugram and Sonipat, Haryana, as the Delhi-based real estate firm expands its footprint across emerging urban markets. The projects, scheduled for launch during the current financial year, will comprise residential, commercial and industrial developments aimed at capitalising on growing demand in key growth corridors. 
According to a company statement issued on June 8, the developer will introduce three separate projects across Haryana. The first launch is planned for September, when Avani Infratech will introduce an integrated residential and commercial development in Sonipat. The project is expected to involve an investment of approximately INR 100 crore. 
The company will follow this with a group housing project in Sohna Sector 2, Gurugram, scheduled for launch in October 2026. The residential development is estimated to require an investment of around INR 300 crore and forms part of the company's strategy to strengthen its presence in the National Capital Region's expanding residential markets. 
In addition, Avani Infratech is preparing to launch a new industrial township at Sonipat-Kharkhouda in July 2026. The proposed township will span 50 acres in total. Under the first phase of development, the company plans to launch a 12-acre project with an estimated investment of INR 350 crore. The industrial township is expected to add to the firm's existing portfolio of infrastructure-led developments. 
The company stated that these projects form part of its broader expansion roadmap. Avani Infratech currently holds a land bank of more than 300 acres, which it intends to utilise for future real estate developments. The developer has so far completed a limited number of projects, including an industrial township, while continuing to build a pipeline of residential and infrastructure-focused assets. 
Rahul Agarwal, Founder of Avani Infratech, said that limited opportunities for large-scale land development across metropolitan centres and major cities were directing attention towards Tier II and Tier III micro-markets. He noted that factors such as affordability, improving infrastructure, rising aspirations and increasing demand for organised communities were contributing to the growing importance of these locations in India's urban development landscape. 
Agarwal added that the company would continue to strengthen its presence across key growth corridors, including Sonipat, Sohna and Goa, as part of its long-term expansion strategy. 
Avani Infratech, a part of the RASA Group, has delivered six projects to date, covering more than 11 lakh sq yd across residential and infrastructure-led developments. The planned investments in Haryana are expected to further expand its development portfolio while reinforcing its focus on emerging real estate markets. 
Source - PTI

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