Noida-based real estate developer, Great Value Realty will invest around Rs 1,500 crore to develop an ultra-luxury housing project “Ekanam” in Sector 107 in Noida.
Located on a 4-acre land parcel in Noida Sector 107, near Noida-Greater Noida Expressway, Ekanam will offer 280 ultra-luxury apartments across three 46-storey towers.
“The launch of Ekanam marks a defining moment for Great Value Realty. It embodies our vision to create living spaces that go beyond luxury. As Noida’s skyline evolves, we take pride in contributing a landmark that not only elevates modern living but also reaffirms our belief that true luxury lies in harmonizing design and nature with life itself,” Payas Agarwal, Director, Great Value Realty, said.
The project features 3 and 4 BHK residences ranging from 3,525 to 5,525 sq. ft., with prices starting from Rs 7 crore onwards. Each home has been designed to balance natural light, ventilation, while offering customization options for discerning residents, the company said.
The company said that the total investment including the construction, logistics and land cost is expected to be around Rs 1,500 crore while the top line will be around Rs 3,000 crore.
The project will also offer 1 lakh sq. ft. club and will offer facilities like an indoor pool and spa, salon, sports café, cigar lounge, business center, gym and yoga studios, art and music rooms, and a theatre among others.
“We are a debt free company, and all the investment will be met through self-financing and internal accruals,” Agarwal said.
The company has so far developer around 2.5 million square feet of residential spaces across Noida, Delhi and Gurugram.
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