Casagrand Plans To Invest 2000 Cr in Bengaluru By 2024
Casagrand has acquired land parcels which have potential revenue of 13,500 crores. The developer is planning to develop 15.5 million sq. ft of residential space with an investment of Rs 2000 Crores. The company entered the Bangalore real estate market in the year 2014 with successful debut project Casagrand Luxus. In this year, the company aims to strengthen its portfolio in the Bengaluru market by developing 25 new superior residential projects across various locations of Bengaluru such as HSR Layout, Begur and many more. All of these projects will be loaded with world-class features and amenities that the city has never seen before. Speaking about the same, Sathish CG, Director of Casagrand, Bengaluru Zone, “Last year, the real estate market, especially the Bengaluru market, has done really well. We as a real estate developer see huge potential in this market. This city has very diversified homebuyers and since our inception we are able to cater to them. This year, we are planning to scale up our presence by investing more in this market and launching 25 projects. All of these projects will be very different in terms of amenities and features, and will be offered at the most affordable cost. ‘’ Kickstarting the financial year 2023 with the right velocity, Casagrand is currently launching an architectural masterpiece Casagrand Zaiden, a superior yet affordable residential community. Sprawled across 3.69 acres the community houses meticulously planned 2 BHK and 3 BHK apartments starting from 74 Lakhs onwards and boasts of over 65+ world-class indoor and outdoor.
Tags : Casagrand land parcels revenue developer investment residential