Smart World Developers to invest Rs. 8000 – Rs. 10000 crores in developing residential projects in Gurugram
Smart World Developers will invest Rs. 8000-10,000 Cr. in developing residential projects in Gurugram. The debutant real estate company is also eyeing sales worth INR 5000 crores by March 2022. Backed by reputed organizations such as India Infoline, Piramal Group and the Bansal Family, Smart World Developers envisages transforming the real estate scenario and setting benchmarks through innovative designs, advanced technology, expedited project delivery and superior customer service. Smart World Developers is eyeing expansion in key real estate markets such as Gurugram, Noida, Mumbai MMR, Pune, Bengaluru, Goa and Hyderabad in the near future. The firm is initially focused on Gurugram with ergonomically designed low-rise floors and condominiums for the millennials – to ‘live, work and play’ the ‘smart’ way. The first two projects of Smart World Developers will have many industry firsts to their credits in terms of product offering and delivery, coming up at prime locations of Gurugram.
Aishwarya Bansal, Co-founder, Smart World Developers, said: “India is among the fastest growing economies globally. As a millennial nation with the largest number of millennials in the world, our focus is to be a catalyst of change and herald the future of real estate in India not just with our unique homes that young, aspiring Indians seek but also the professionalism and customer experience that redefines Indian realty and sets a tall benchmark”
Smart World Developers has engaged with some of the finest professionals from the real estate sector to offer cutting-edge solutions uniquely tailored to customer needs. The company has aligned itself with national & international firms like Turner & Townsend for Quality Management System, EY for SOP Implementation, Saraf and Partners Law Offices, Grant Thornton India, HighBar (SAP Implementation), among others. A stellar Advisory Board with industry stalwarts such as Shri Anoop Mittal, erstwhile CMD of NBCC, has been constituted to provide directions to the company.
“At Smart World, we are committed to giving full value to the customer, backed by professionalism and customer-centricity which are at the core of our DNA. For us, we take our commitments very seriously; with a development potential of 2.5 Cr. sq. ft., we will launch 60 lakh sq. ft. at a development cost of Rs. 3000 Cr. targeting a sale value of Rs. 5000 Cr. by March 2022. Our vision is to reform Indian real estate by offering a unique concept of living, well-researched and designed for the aspiring millennial, both in terms of value and lifestyle.” added Vivek Singhal, CEO, Smart World Developers.
Smart World Developers has been conceptualized as an entity that will develop path-breaking real estate projects across India. It has amalgamated some of the revered names in the real estate industry to guide and mentor the company. It has brought together some of the brightest luminaries with a cross-sectoral experience that imparts global expertise to its team. The team members have been associated with prestigious companies and brands such as Larson & Toubro, Airtel, Taj Hotels, Canon, Coca Cola, Rolex, Mercedes Benz, Piaget, Avendus Capital, Nestle, JK Tyres etc. The team is imbued with a vision to bring world-class real estate assets to India, utilizing the most up-to-date smart technologies to set new benchmarks in customer service, unmatched delivery schedules and friendly customer-price points. This corpus of over 2000-man years of knowledge/experience in finance, planning and development has made Smart World Developers Pvt. Ltd. a world-class entity.
