Ganga Realty to Develop 270000 sq ft High Street Retail Project Swarnim at Sector 5 in Sohna, Gurugram

Retail Project Swarnim in Sohna by Ganga Realty 

Ganga Realty, a real estate company based in Gurugram, will invest 400 crore rupees in its first high-street neighbourhood retail project, Swarnim, located in Sector 5, Sohna, Gurugram.

After the announcement of its affordable housing project on Sohna Road a few months ago, this will be the company's second multi-billion-dollar venture.

The project is strategically located 20 minutes from the proposed metro station and will have convenient access to IGI Airport and the KMP Motorway. It will be a commercial retail development with a total site area of 2,750,000 square feet.

There will be approximately 650 stores, including multiple brand and convenience stores. The facility will be constructed near approximately 3000 residential units. Over 25,000 families are likely to relocate to the same region in the near future, which bodes well for the project's ROI potential. It will also include retail stores, banquet halls, a movie theatre, and themed restaurants. It is anticipated that over 200 brands will redefine the retail experience provided by the initiative.

All retail and business suites will be leased to individual investors, per the project's 100% lease model. There will be double-height retail spaces with exclusive terrace privileges. Additionally, the facility will provide space for mechanical vehicle parking.

The business anticipates completing the endeavour by the end of 2025.

Vikas Garg, JMD at Ganga Realty, adds,