Emperium Group Launches ₹170 Crore Housing Project in Gurugram
Emperium group to build housing project worth Rs 170 crore in Gurugram
Image: The Economic Times
Emperium Group, a realty firm based in Gurugram, is set to develop a new residential project named 'Emperium Titan' on Dwarka Expressway. The project, covering 1.03 acres, will consist of 74 apartments priced at ₹2.45 crore each, targeting a total revenue of approximately ₹167 crore.
- 01Emperium Group is launching 'Emperium Titan' in Gurugram.
- 02The project will cover 1.03 acres and include 74 apartments.
- 03Each apartment is priced at ₹2.45 crore, aiming for ₹167 crore in revenue.
- 04Housing sales in the Delhi-NCR region rose 13% in early 2023.
- 05Emperium Group has delivered over 1.68 million sq ft of real estate since 2017.
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Emperium Group, a real estate developer based in Gurugram, has announced the launch of its new housing project, 'Emperium Titan', located on Dwarka Expressway. The project will span 1.03 acres and feature 74 apartments, each measuring 1,906 square feet and priced at ₹2.45 crore (approximately $295,000 USD). The company anticipates generating around ₹167 crore (roughly $20 million USD) in revenue from this venture. Ravi Saund, the Founding Director of Emperium, highlighted the ongoing strong demand for housing in the Gurugram market. Since its establishment in 2017, Emperium Group has successfully delivered 1.68 million square feet of real estate and served over 6,000 customers across more than 14 projects in Gurugram, Panipat, and Yamuna Nagar. Recent data from PropEquity indicates that housing sales in the Delhi-NCR region increased by 13% in the first quarter of 2023 compared to the same period last year.
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The launch of the Emperium Titan project is expected to contribute to the local economy and meet the growing housing demand in Gurugram.
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