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Smart World to invest Rs 10k cr on housing projects in Gurugram

Aishwarya Bansal

Smart World Developers plans to invest Rs. 8,000-10,000 crore in developing residential projects in Gurugram. The debutant real estate company is also eyeing sales worth Rs 5,000 crore by March next year, said a press release.

Backed by organisations like India Infoline and Piramal Group, Smart World Developers envisages transforming the real estate scenario and setting benchmarks through innovative designs, advanced technology, expedited project delivery and superior customer service, it said further.

According to the release, Smart World Developers is eyeing expansion in key real estate markets such as Gurugram, Noida, Mumbai MMR, Pune, Bengaluru, Goa and Hyderabad in the near future. The firm, it said, is initially focused on Gurugram with ergonomically designed low-rise floors and condominiums for the millennial.

Aishwarya BansalAishwarya Bansal, Co-Founder, Smart World Developers, said: “India is among the fastest growing economies globally. As a millennial nation with the largest number of millennials in the world, our focus is to be a catalyst of change and herald the future of real estate in India not just with our unique homes that young, aspiring Indians seek but also the professionalism and customer experience that redefines Indian realty and sets a tall benchmark”.