Paras Buildtech Unveils Luxury Housing Project in Gurugram with Close To ₹490 Crore Investment

Real estate developer Paras Buildtech has recently announced the launch of a high-end residential project in Gurugram, and will be investing close to ₹490 crore in the project called ‘The Manor’.

Spanning across 4.26 acres in the prime location of Gwal Pahari, Gurugram, The Manor will consist of 120 luxurious apartments, offering residents a blend of modern amenities and serene surroundings. Each apartment is expected to be priced between ₹9 to ₹10 crore, reflecting the exclusivity and sophistication of the project.

Kunal Rishi, the Chief Operating Officer of Paras Buildtech, expressed his enthusiasm about the new venture, stating, "We are thrilled to introduce The Manor, our latest ultra-luxury offering in Gurugram. With meticulously designed living spaces and world-class amenities, we aim to provide residents with an unparalleled lifestyle experience."

The project is scheduled to be completed by August 2028, with apartments boasting a spacious size of 4,750 square feet. The strategic location of The Manor, nestled amidst the bustling commercial hubs of Gurugram, Faridabad, and Delhi, further adds to its allure, offering residents convenience and connectivity.

Paras Buildtech's decision to invest substantially in The Manor reflects the company's confidence in the real estate market of Gurugram and its commitment to delivering exceptional quality and value to its customers. With a projected total revenue of ₹1,200 crore from this venture, Paras Buildtech aims to set new benchmarks in luxury living and redefine the skyline of Gurugram.

The launch of The Manor comes at a time when the demand for premium housing is on the rise, driven by increasing urbanization and the evolving preferences of homebuyers. By introducing a project of such grandeur and scale, Paras Buildtech aims to cater to the discerning needs of modern homebuyers and establish itself as a leader in the luxury real estate segment.

As the construction of The Manor progresses, it is poised to become one of landmark in Gurugram, symbolizing elegance, opulence, and unmatched quality. With its exquisite design, world-class amenities, and strategic location, The Manor promises to redefine luxury living in Gurugram and elevate the standards of upscale residential developments in the region.

Paras Buildtech's ambitious investment in The Manor reflects its vision to create exceptional living spaces that epitomize luxury, comfort, and sophistication. With its unwavering commitment to excellence, they aim to shape the future of real estate in Gurugram, offering homebuyers a lifestyle of unparalleled grandeur and refinement.

Image source- financialexpress.com