Landmark Group to Invest Rs 400 Crore in Gurugram Housing Project

Landmark Group plans a significant investment of Rs 400 crore in a new housing project in Gurugram, Sector 103. The development, which spans over four acres, will feature 240 apartments. The construction is funded through internal accruals, bank loans, and customer advances.

Realty firm Landmark Group is set to invest Rs 400 crore in its latest housing initiative in Gurugram, marking another significant venture in the bustling real estate market.

The project's development, located on a four-acre plot in Sector 103 along the Dwarka Expressway, will feature 240 high-end apartments.

Chairman Sandeep Chillar confirmed that longstanding ownership of the land and governmental approvals are in place, with funding sourced from internal reserves, loans, and customer advances.

(With inputs from agencies.)