Expansion Mode! Goel Ganga Developments gears up for Rs 125-crore residential projects in Pune under development management contract

Pune’s developer Goel Ganga Developments has entered into a Development Management contract of Rs 125 crore. Under the arrangement, Goel Ganga Developments will invest in the operations of various state-of-the-art residential projects across Pune, the company has informed. 

Expanding its Development Management portfolio, the developer plans to partner for more projects worth Rs 200 crore in the up-coming quarter of the current fiscal. Goel Ganga Developments plans to invest in the operational aspect of various projects such as Yogville in Dhayari, Pune; a residential project in Hinjewadi, Pune; 9 Villas in NIBM, Pune; and Clevland Park in NIBM, Pune, the company statement added.

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Goel Ganga Developments to handle the sales of all these projects and will also be overlooking development part in some of the projects, for its esteemed partners Vardhan Lifestyles, Royal Group and Balaji Housing Company, under Goel Ganga Developments Brand name, Goel Ganga Developments said. 

Goel Ganga Developments to overlook development sell approx. 216 units which will be approx 1.25L sq ft worthRs 125 crore, it further added. The developer informed that it is also planning to partner for more projects worth Rs 200 crore in the up-coming quarter. 

This Development Management agreement contract is bound to strengthen its position as a leader in the end-to-end project delivery with uncompromised quality and sales speed, Goel Ganga Developments added. 

Expressing his opinion on the collaboration, Ankit Goel, Director, Goel Ganga Developments, said: “Goel Ganga Development is on a mission to provide homes that make a person’s life complete, by continuously chasing excellence in every project it works on. With an objective to improve the home buying experience for customers we believe that the Development Management contracts with our dear partners will bring laurels for both sides and the end users will get homes they have dreamed of at affordable prices. We aim to enter into more such arrangements in the coming months and are already in talks to finalise more projects in the near future.”