South Delhi's real estate potential Rs 5.7 lakh cr, 18,446 plots available

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South Delhi's real estate potential Rs 5.7 lakh cr, 18,446 plots available - Business Standard

Quick Summary:

42 colonies across the region, including Category A and B colonies, contribute over Rs 5.35 lakh crore to this total.

In the 13 Category A colonies, around 3704 plots are available whose size ranges from 200 sq.yd.to 1200 sq.yd.at an average price of Rs 7 lakh per sq.yd.to Rs 15 lakh per sq.yd.

Its first funding round in August successfully raised Rs 25 crore, and the company has already begun construction on a residential project in Anand Niketan in partnership with Grovy, a real estate development company with over 40 years of experience.