Ganga Realty recently announced an investment of rs 750 crore to develop its first affordable housing project, “Tathastu” in Gurugram. The Tathastu project is located in sector 5, Sohna, south of Gurugram which is just 20 minutes distance from the proposed metro station. The project also shares very easy connectivity with IGI Airport and the KMP expressway.
Ganga Realty will be developed in 14 towers with around 2972 affordable units, 2 BHK apartments with a carpet area of 645.73 sq. ft, and a super area of 1000 sq.ft. the price of this 3 BHK configuration has been priced at rs 25.14 lakhs.
The project is spread across 22 acres and the funding is going to come through several sources like internal monetary strength and customer advances. Some companies like Vikas Garg, JMD, and Ganga Realty have announced that their company is going to be debt-free. The Tathastu project is going to be “self-funded” and it is expected to be delivered by the first quarter of 2027.
This project comes with tons of recreational amenities like an in-house commercial shop, an elevated clubhouse, a swimming pool, and kids. In fact, the project also comes with a school and shopping malls, and other facilities in the vicinity.
Managing Director of Ganga Realty, Vikas Garg said that Sohna is primarily an end user-driven market and it is always at a sustainable level of demand. The company is looking forward to offering housing for all affordable and mid-segment budgets to fulfill the demand for housing in the country.
According to the recent update, the project has already received a massive customer presence within two days of its launch. The project is already oversubscribed and it has already received an overwhelming response.
Managing Director Garg also added that the project is already going through an affordable category and it will also be built with the best construction technology. It will also have all world-class amenities and the entire investment would be met through internal accruals and customer advances.