CG Developers Delivers ₹200 Cr Ananta Project in Jaipur, Announces ₹1,000 Cr Expansion in Siliguri
CG Developers has completed its flagship residential project, ARG|CG Ananta, in Jagatpura, Jaipur. The 200-crore project has spanned across 3 acres and consists of 504 ready-to-move 2 BHK units. The entire inventory aligns with the group's $20 billion long-term revenue expectations across upcoming projects.
Located near the NRI circle, Ananta stands out for its modern designs and amenities featuring a clubhouse, swimming pool, gymnasium, temple, and children's play area, catering to the diverse needs of modern families. Jaipur is increasingly becoming a prominent Tier-II city for real estate investment, driven by rapid infrastructural development. From 2023 to 2024, the number of new projects launched in the city surged by 65%, making it a great place to invest.
Ananta aligns with CG Developers' commitment to creating value-driven, community-centric spaces in India. The design emphasizes sustainability, functionality, and aesthetic appeal, aligning with the company's vision of delivering homes that enhance the quality of life for residents. As a part of CG Corp Global, CG Developers carries a strong legacy from 1999, having built a portfolio across Nepal, India, and Dubai. With a history rooted in innovation and community-centric design, the company continues to align with CG Group’s real estate vision of delivering modern, sustainable, and functional housing for evolving urban needs.
“With Ananta, we have not only delivered residential projects in Jaipur but have also marked our commitment to quality, timely delivery, and community-centric development. This success lays the foundation for our expansion into high-potential markets like Siliguri and the Northeast,” said Varun Chaudhary, Managing Director, of CG Developers. Indian real estate is displaying robust growth and resilience, contributing to the nation's economy. In FY24, the real estate sector touched an investment of USD 6.8 billion, an increase of 61% compared to FY23.
Following the success of Ananta, CG Developers is pursuing expansion plans into Siliguri and the broader Northeast region. With an investment of approximately 1,000 crore, the company plans to develop 3–4 premium residential, hospitality, and commercial projects to tap into the region's growing economic potential and tourism industry.
Siliguri, serving as a gateway to the Northeast, presents immense opportunities for growth in hospitality and commerce. Through these planned expansions, CG Developers aims to meet the increasing demand for quality infrastructure and advance the company's vision to contribute to the region's development.
