Ajnara India to invest more than Rs 300 Crore in Ghaziabad


New Delhi: Ajnara India, one of the leading real estate developers in Delhi NCR, plans to invest more than Rs 300 crore on Ajnara Fragrance in Raj Nagar Extension (RNE), Ghaziabad. Spread in an area of 5.6 acres, the project will have 450 units in all. Total saleable area of the project would be around 785000 sq. ft under the residential segment and 1, 25,000 sq. ft under the commercial segment thus catering to the commercial needs of the people. The project will have high street Retail with double heighted shops, Terrace Garden Restaurant, Anchor Store, Bank and ATM space, Food outlets and entertainment zone, etc. to meet the demands of the residents.

The developer has raised the amount for the project from internal accruals. Ashok Gupta, CMD, Ajnara India Limited, says, “With all the government clearance in place we are glad to announce our new project – Ajnara Fragrance with an investment of more than Rs 300 Crores. The project located in the heart of RajNagar Extension caters to the luxury segment and aims to meet the demand of elite class.”

“In a span for around 27 years we have delivered around 64 projects (17 million sqmt. delivered) accounting to delivery of more than 25000 units across our projects in Noida, Greater Noida and Ghaziabad.

It is with the trust of the buyers that we aim to deliver around 4000 units (14 Million Sqmt. Under development) by FY 2019-20.

Ajnara India has delivered projects such as Ajnara Landmark, Ajnara Gen-X, Ajnara Grace, Ajnara Enclave, Ajnara Integrity, Ajnara Pride in Ghaziabad, Homes 121, Grand Ajnara Heritage, Ajnara Daffodil, Ajnara Homes Ph-1 and Ajnara Le Garden PH-1 in Noida & Greater Noida West.

Corporate Comm India (CCI Newswire)