Paras Buildtech to develop Rs 490-cr residential project in Gurugram, eyes Rs 1200-cr topline

financialexpress.com:

Paras Buildtech has announced the launch of its super luxury project ‘The Manor’ at Gwal Pahari in Gurugram. This high-rise residential project spans 4.26 acres and offers an exclusive collection of just 120 luxury apartments.

According to the company, the Manor promises an exceptional living experience coupled with panoramic views of the Aravalli Hills. The company expects a total revenue (topline) of Rs 1200 crore from this launch with an investment of Rs 490 crore in this project.

Each residence boasts an impressive 4,750 square feet, offering ample space for comfortable living. Each residence features a two-to-core configuration, maximizing privacy for its discerning residents. The project is expected to be delivered by August 2028. The Manor is situated adjacent to Paras Quartier, another luxury project by Paras Buildtech launched in 2012.

Commenting on this, Kunal Rishi, COO of Paras Buildtech, said, “We are thrilled to introduce The Manor, setting a new benchmark in new-age luxury living in Delhi NCR. With a well thought-out design, state-of-the-art contemporary amenities, and a serene, naturally organic setting, The Manor is curated to cater to the discerning tastes of modern homebuyers seeking unparalleled comfort and luxury.”

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“Gwal Pahari has undoubtedly emerged as a preferred choice for homebuyers in Delhi NCR. Its unparalleled strategic location offers seamless logistical connectivity between Delhi and Gurugram. Additionally, the location retains its pristine natural greenery, contributing to a better Air Quality Index (AQI) compared to the rest of Gurugram’s cityscape. The Paras team has received an amazing response from all stakeholders, and a