Adore Group acquires 15-acre land in Sec-84 Faridabad for its luxury project
NCR-based real estate player Adore Group has acquired 15 acres of land in Sec-84, Faridabad, from Marina Real Estate Builders LLP to develop a luxury real estate project. The premium project with modern architecture will comprise high-rise buildings alongside low-rise builder floors.
Once completed, the project will house close to 500 families. It is expected to generate a total saleable value of around Rs 700 crore, according to the company.
“For the first time in Faridabad, we will be witnessing a state-of-the-art low-rise housing project with modern amenities. Our projects will have all the modern facilities from swanky clubhouse to international quality swimming pool and a host of other topline amenities,” said Jetaish Gupta, Co-Founder & Director, Adore Group.
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“The preferences of homebuyers are now changing very fast in Faridabad. There is a visible appetite for premium properties with top-notch amenities and world-class facilities. In this regard, our new offering is aimed at satiating the evolving taste of the homebuyers in the region,” he added.
The micro market located in the Greater Faridabad region is home to a thriving residential and commercial community. The Faridabad bypass road is just at a distance of 2 km, which makes it well-connected to other parts of NCR. The Bata Chowk Metro Station is close by ( ~ 6 km). The region has plenty of quality schools, colleges, and healthcare facilities, rendering an improved livability index to the locals. It is also situated at an approachable distance from major commercial catchments of Faridabad.
Starting in 2015, the Adore Group is currently a well-known name in NCR’s real estate industry.
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