Shapoorji Pallonji and Kanodia to launch luxury project in Gurugram
18 Oct 2024
2 Min Read
CW Team
Shapoorji Pallonji Real Estate (SPRE) has partnered with Kanodia Group's real estate venture, Kreeva, to develop a luxury residential project in Gurugram. The project will be situated on 1.74 acres in Sector 46, aiming to attract homebuyers in the National Capital Region (NCR).
Venkatesh Gopalakrishnan, MD & CEO of Shapoorji Pallonji Real Estate, expressed enthusiasm about the collaboration, stating, "We are excited to partner with Kreeva to bring our expertise in real estate development to Gurugram's Sector 46." He highlighted that this project aligns with the company's strategy to expand its presence in key Indian markets.
"This marks our second project in Gurugram, and we aim to create a landmark that will redefine the skyline and offer an unparalleled living experience," Gopalakrishnan added.
Gautam Kanodia, founder of Kreeva and co-founder of Kanodia Group, emphasized the strength of the partnership, stating, "By leveraging the combined strengths of both companies, we are confident in delivering a world-class living experience that sets a new standard for luxury in one of Gurugram's most prestigious locations."
Shapoorji Pallonji Real Estate has a development potential exceeding 142 million square feet and operates in major Indian cities, including Mumbai, Pune, Bengaluru, Gurugram, and Kolkata, with a diverse range of projects from luxury apartments to mass housing initiatives. The Kanodia Group is involved in various sectors, including cement, building solutions, media, and real estate.
Shapoorji Pallonji Real Estate (SPRE) has partnered with Kanodia Group's real estate venture, Kreeva, to develop a luxury residential project in Gurugram. The project will be situated on 1.74 acres in Sector 46, aiming to attract homebuyers in the National Capital Region (NCR).
Venkatesh Gopalakrishnan, MD & CEO of Shapoorji Pallonji Real Estate, expressed enthusiasm about the collaboration, stating, We are excited to partner with Kreeva to bring our expertise in real estate development to Gurugram's Sector 46. He highlighted that this project aligns with the company's strategy to expand its presence in key Indian markets.
This marks our second project in Gurugram, and we aim to create a landmark that will redefine the skyline and offer an unparalleled living experience, Gopalakrishnan added.
Gautam Kanodia, founder of Kreeva and co-founder of Kanodia Group, emphasized the strength of the partnership, stating, By leveraging the combined strengths of both companies, we are confident in delivering a world-class living experience that sets a new standard for luxury in one of Gurugram's most prestigious locations.
Shapoorji Pallonji Real Estate has a development potential exceeding 142 million square feet and operates in major Indian cities, including Mumbai, Pune, Bengaluru, Gurugram, and Kolkata, with a diverse range of projects from luxury apartments to mass housing initiatives. The Kanodia Group is involved in various sectors, including cement, building solutions, media, and real estate.
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
