Shapoorji Pallonji’s three new projects in Delhi Ncr
Shapoorji Pallonji is planning to launch projects in Delhi NCR this year. They have been looking towards NCR market since 6-7 years, but were able to buy land only in the last one year. According to the company, the Delhi NCR market is one market which has softened greatly, and even land prices have softened creating a clear opportunity for the company to buy and build a product and sell it at a reasonable and affordable price. Shapoorji Pallonji has two land parcels over there. Under the ‘Joyville’ banner, the company will come up with projects on Northern Peripheral Road in Gurgaon with a ticket size of Rs 60-70 lakh. On the same road, another project in the range of Rs 90 lakh and above will come up. The company is planning to launch both projects in the second half of this year. It will soon launch a project in Noida too.