Bharti Realty ties up with Eros for housing project at Surajkund

Bharti Enterprises’ real estate firm Bharti Realty on Monday said it has tied up with Eros Group to develop a housing project at Surajkund, , according to a news agency report.

With this partnership, Bharti Realty has forayed into the residential segment. It will develop over 2,000 apartments in this project covering about 5.2 million sqft of area.

“Bharti Land (the new development arm of Bharti Realty), has entered into an agreement with Eros Group to develop a ‘smart’ residential project in Surajkund, south of South Delhi,” Bharti Group said in a statement.

Bharti Realty, the subsidiary of Sunil Bharti Mittal-led Bharti Enterprises, manages around three million sq ft of Grade-A commercial real estate space. It is developing another four million sq ft of commercial real estate office space across prominent cities in the country.

The land size is about 50 acres, owned by Eros group which is into real estate, hospitality, entertainment and education businesses.

SK Sayal, MD & CEO of Bharti Realty, said: “We are pleased to partner with Eros to develop this smart project that will set a new benchmark in the residential sector in the NCR region.”

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Eros Group MD Raman K Sood said: “Bharti is one of the most trustworthy brands in the country and I am sure that they will bring immense value for the customer.”