Smartworld Developers Mark INR 2000 Cr. worth Sales of Low-Rise Floors in Gurgaon

Smartworld Gems and Smartworld Orchard, two unique offerings by Smartworld Developers have clocked combined sales worth INR 2,000 Cr. Smartworld Developers will invest INR. 1200 Cr. in developing the two residential projects in Gurugram.  The debutant real estate company is also eyeing sales worth INR 5000 Cr. by March 2022, of which INR 2000 Cr. has been already achieved in the short span of two weeks. Strategically located at Gurugram’s most sought-after location of Sector 61, Golf Course Road (Extn), Smartworld Orchard is a low-rise luxury residential development spread across 20.6 acres comprising 2 and 3 BHK homes priced between INR 1.37-1.94 Cr. The Gurgaon Metropolitan Development Authority (GMDA) is planning to revamp the Golf Course extension road. The proposed revamp is aimed at ensuring a signal free and seamless traffic movement, making it a 10 min drive from Cybercity. Smartworld Gems is nestled at one of the most premium locations of Sector 89, New Gurgaon, comprising 2 and 3 BHK homes priced between INR 72.5-89.5 lacs. The project’s strategic location with its proximity to Dwarka Expressway, Central Peripheral Road (CPR) and NH8 has been one of the key elements that has attracted potential buyers to this project. Vivek Singhal, CEO, Smartworld Developers said, “We are overwhelmed by the response for our two projects. We have clocked combined sales worth INR 2,000 Cr. on our recently launched low-rise offerings. We have set ourselves a target of INR 5000 Cr. by March 2022, and this first step gives us more conviction that we have the right pulse of our customers”. He further added “Over 70% of our patrons are first-time homebuyers between the age group of 28–33 years. These are aspirational millennial who wish to have a certain kind of lifestyle and furthermore, have realized the significance of owning a home post COVID-19.” Backed by reputed organizations such as India Infoline, Piramal Group and the Bansal Family, it has a robust network of over 7,000 partners across the country that gives the company the edge both in reach and depth.