📋 Tender Overview
Scope : To Develop ‘The Sunflower’, a Luxury Residential Project in Aditya World City, Ghaziabad in Uttar Pradesh.
Realty company from the promoters of Aditya Builders, AU Real Estate will invest Rs 600 crore in ‘The Sunflower’, a luxury residential project in Aditya World City, Ghaziabad in Uttar Pradesh.
The project, spread over 6.94 acres, will feature five towers with 30 floors each, with a total of 595 units. It will offer three-and-four BHK high-rise apartments, ranging from 2,700 to 4,000 sq. ft. and also a 70,000 sq. ft. lobby area in each tower. The developer is actively looking for joint development opportunities to advance the expansion of its real estate portfolio.
The company plans to fund the project through sales receivable and internal funds, led by the demand for residential real estate demand in the region in the post-Covid era. Ghaziabad is likely to be a luxury home destination, especially with this project, given the positive response garnered from the buyers.