After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode.
The group is all set to deliver 10,000 flats within next three years in prominent cities like Bangalore and Mumbai along with Pune at an estimated investment of Rs 5,000 crore.
The group has also entered hospitality sector with three hotels coming up in Pune and Bangalore.
Goel Ganga Managing Director Atul Goel, while addressing a press conference on Friday said, “Over next three years, we will deliver 5 million square foot of residential and commercial space in Bangalore, Mumbai, Nagpur and Pune together. We have recently completed 25 years in real estate sector and now, we have major expansion plans in hospitality business as well.”
The group has announced three residential projects in Pune namely Ganga Bhagyoday, Greater Ganga Panama and Ganga Skies, which all will deliver more than 600 flats each along with commercial complexes and a 6-screen cinema multiplex.
The group’s ambitious project in Bangalore will deliver 40 super luxurious villas worth Rs 5 crore each.
“We are setting up Eastern Randezvous hotel in Pune while The Lemon Tree hotel is already operational in Bangalore. Construction of a 10 lakh square foot shopping mall in Nagpur too is going on,” he added.
Goel stated that the group plans to invest Rs 5,000 crore over next three to four years in its various projects.