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ANHAD Group has entered the Delhi-NCR real estate market through its new development arm, ANHAD Developers, marking its diversification from the mining sector after more than three decades of operations. Headquartered at Worldmark, Gurugram, the company plans to develop three flagship projects comprising a luxury residential development, a premium plotted township and a high-street commercial destination. Together, the projects have an estimated development value of around INR 7,000 crore. The developer said its expansion into real estate will focus on customer-centric planning, construction quality, sustainability, transparency and timely execution, with Gurugram identified as the initial market for its premium developments.
ANHAD Group has announced its entry into the Delhi-NCR real estate sector through the launch of ANHAD Developers, expanding beyond its core mining business after operating in the industry for more than 30 years. The announcement, made in the past week, marks the group's diversification into property development, with an initial focus on premium projects in Gurugram.
The company has established its corporate headquarters at Worldmark, Gurugram, and is building its leadership team as it prepares to develop residential and commercial projects in the region. According to the company, its initial development pipeline comprises three flagship projects with a combined estimated development value of approximately INR 7,000 crore.
The proposed portfolio includes a luxury residential development, a premium plotted township and a high-street commercial project. ANHAD Developers said the projects will be developed with an emphasis on strategic locations, construction quality, sustainable planning and timely execution as part of its long-term business strategy.
Commenting on the company's entry into real estate, Pramesh Singh, Chairman of ANHAD Group, said Gurugram is among India's most competitive real estate markets, where quality and credibility are critical factors for buyers and investors. He stated that the company intends to focus on transparency, construction quality and timely delivery while building long-term relationships with customers.
The developer said every project will be guided by a customer-first approach and will incorporate sustainable planning, quality construction and efficient project execution. It added that its developments will reflect the group's long-standing business philosophy of responsible growth and value creation for customers and stakeholders.
As part of its strategy, ANHAD Developers has identified four guiding principles for its projects: selecting strategically connected locations, maintaining high standards of quality and craftsmanship, ensuring timely delivery with transparency, and creating long-term value for homeowners and investors.
The company believes Gurugram presents significant opportunities for premium residential and commercial development due to its established position as a major real estate destination within the National Capital Region. Through its planned projects, ANHAD Developers aims to establish its presence in the region's upper-end property market.
ANHAD Group has built its business over the past three decades in the mining sector, with operations across India and international markets. The diversification into real estate represents the group's expansion into a new business vertical, with its first phase of projects focused on Delhi-NCR. The company said it intends to leverage its experience in project execution and operational management while developing premium real estate assets across the region.