Smart World Developers will invest Rs. 8000-10,000 crore in developing residential projects in Gurugram.
The debutant real estate company is also eyeing sales worth INR 5000 crore by March 2022.
The company is eyeing expansion in key real estate markets such as Gurugram, Noida, Mumbai MMR, Pune, Bengaluru, Goa and Hyderabad in the near future.
“India is among the fastest growing economies globally. As a millennial nation with the largest number of millennials in the world, our focus is to be a catalyst of change and herald the future of real estate in India not just with our unique homes that young, aspiring Indians seek but also the professionalism and customer experience that redefines Indian realty and sets a tall benchmark," said Co-founder of Smart World Developers, Aishwarya Bansal.
Smart World Developers has engaged with some professionals from the real estate sector to offer cutting-edge solutions uniquely tailored to customer needs. The company has aligned itself with national and international firms like Turner and Townsend for Quality Management System, EY for SOP Implementation, Saraf and Partners Law Offices, Grant Thornton India, HighBar (SAP Implementation), among others.
“At Smart World, we are committed to giving full value to the customer, backed by professionalism and customer-centricity which are at the core of our DNA. For us, we take our commitments very seriously; with a development potential of 2.5 Cr. sq. ft., we will launch 60 lakh sq. ft. at a development cost of Rs. 3000 Cr. targeting a sale value of Rs. 5000 Cr. by March 2022. Our vision is to reform Indian real estate by offering a unique concept of living, well-researched and designed for the aspiring millennial, both in terms of value and lifestyle," added Vivek Singhal, CEO, Smart World Developers.