Goel Ganga Group Embarks on Ambitious Expansion Plan
After successfully delivering over 11,000 residential flats and several commercial establishments in Pune, the Goel Ganga group is set to undertake a major expansion drive.
Upcoming Projects and Investment
- The group aims to deliver approximately 10,000 flats within the next three years across prominent cities like Bangalore, Mumbai, and Pune.
- Estimated investment for these projects stands at a staggering Rs 5,000 crore.
- Besides residential projects, the group has also ventured into the hospitality sector with three upcoming hotels in Pune and Bangalore.
Managing Director's Statement
“Over the next three years, we will deliver 5 million square feet of residential and commercial space in Bangalore, Mumbai, Nagpur, and Pune together. We have recently completed 25 years in the real estate sector and now, we have major expansion plans in the hospitality business as well.”
— Atul Goel, Managing Director, Goel Ganga Group
Projects Overview
Pune:
- Ganga Bhagyoday: A residential project promising over 600 flats, accompanied by commercial complexes and a 6-screen cinema multiplex.
- Greater Ganga Panama: Another residential project with more than 600 flats, also featuring commercial spaces.
- Ganga Skies: Offering over 600 flats, this project includes a commercial complex and a cinema multiplex.
- Eastern Randezvous Hotel: A new hospitality venture in the city.
Bangalore:
- Luxury Villas Project: An ambitious project featuring 40 super luxurious villas, each priced at Rs 5 crore.
- The Lemon Tree Hotel: Already operational, showcasing the group's presence in the hospitality sector.
Nagpur:
- Shopping Mall: A massive 10 lakh square foot shopping mall under construction, marking the group's expansion in the city's retail sector.
Future Investments
The group plans to invest a substantial Rs 5,000 crore over the next three to four years across its various projects, underlining its commitment to growth and expansion in the real estate and hospitality sectors.