Manglam Group Invests A Significant INR 200 Cr in The Rambagh Project at Jagatpura, Jaipur
- 24th Sep 2023
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The Manglam Group recently unveiled an investment of INR 200 crore in Manglam Rambagh, a residential project in Jagatpura, Jaipur.
The project unfolds over 2.2 acres, forming a six-floor gated community housing 114 apartments, which range from 3 or 4 BHK flats to 5 or 6 BHK penthouses, extending from 2,370 to 6,120 square feet.
The Group is committed to pioneering sustainable and eco-conscious living, and Manglam Rambagh is a testament to this commitment.
This project is their maiden venture solely focusing on ecological construction, integrating features and innovations that minimize carbon footprint and encourage sustainability, as conveyed by the Group's director, Amrita Gupta.
These luxurious residences are priced between INR 1.38 crore and INR 3.73 crore. The project features a spacious 700-square-foot garden and a 1.66-acre clubhouse, promising a refined lifestyle and tranquil retreat for its residents. The project aims to generate INR 100 crore by March 2024 and an additional INR 90 crore by March 2025 in sales.
Situated strategically, the project offers easy access to key areas in Jaipur and is in close proximity to essential landmarks, ensuring convenience for the residents. The project, focusing on holistic living, aligns with Vastu principles and promotes a serene environment.
The Group has implemented provisions for personal electric vehicle charging and ensured high-speed communication through centralized DTH and optical fibre cables. Security is paramount, with a comprehensive 3-tier security system in place, including RFID technology, shock barriers, the MyGate app, and stationed officers ensuring safety throughout the project campus.
Ms. Gupta communicated that AAC blocks are standard in all of their projects to meet the demand for larger and more sustainable residences in Jaipur. The Group’s extensive experience and presence in multiple locations have made significant contributions to real estate over the past 27 years, resulting from thorough consideration and planning.
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