New Player in North India Affordable Housing

North India-based Royal Green Realty has forayed into affordable housing and plans to launch affordable housing and commercial projects in Gurugram, Jhajjhar, Faridabad and Indore (Madhya Pradesh) in FY-2021-2022. Royal Green Realty aims to provide quality housing for the middle income segment in India. The company not only wants to provide housing in India with the best international practices but also aims to serve the hitherto underserved markets, particularly in the Tier II & Tier III cities of India, where demand and aspirations for quality living is on the rise. Speaking on the launch of Royal Green Realty, Yashank Wason, Director, Royal Green Realty, said, “We at Royal Green Realty offer our customers value for their money by providing them world-class amenities in our projects. People are looking for quality of life at an affordable price. Our management team, with relevant experience in the Indian housing market, is confident enough that it would be able to deliver projects that will exceed our customers’ expectations.” Varun Makhija, Director, Royal Green Realty, said, “We aim to combine the in-depth knowledge of Indian real estate markets with the execution strength and best business practices. We will play a significant role in this leap and with the launch of Royal Green Realty we would be able to cater to the masses in the country”. As part of Phase I, the company will be setting up its residential, commercial and industrial development projects in the cities of Gurugram, Jhajjar, Faridabad and Indore.