Kiwi Land & Housing plans to set up Residential cum Commercial Complex in Haryana

Kiwi Land & Housing Private Limited is an Indian real estate developer headquartered in Gurgaon, Haryana. Rama Homes, a new residential-cum-commercial complex project in Hayatpur, Gurgaon, is being planned by the business. The project is still in the planning stages, but the corporation has already purchased property for the location and is working to gain the necessary approvals. The total cost of the project is 180 crores. 

The project is expected to begin construction in early 2024 and be completed by the end of 2028. Rama Homes will provide a variety of residential and commercial buildings, such as flats, penthouses, and retail spaces. The residential flats will be well-appointed and spacious, with modern amenities and features. The commercial areas will suit a wide range of enterprises, including restaurants, cafes, and retail stores. Hayatpur, a prime residential and business area in Gurgaon, is where the project is located. It is well-connected to all major areas of the city and is adjacent to several amenities such as schools, hospitals, and retail centres. Impact of the project Rama Homes is expected to have a positive impact on the Gurgaon real estate market. 

It will provide much-needed housing and commercial space in a prime location. The project is also expected to create jobs and boost the local economy. Additionally, the project is expected to benefit Kiwi Land & Housing Private Limited by helping it to expand its portfolio and increase its market share. Challenges The project faces a few challenges, such as obtaining the necessary approvals and ensuring the smooth construction and commissioning of the project. However, Kiwi Land & Housing Private Limited is confident that it will be able to overcome these challenges and complete the project on time and within budget. Overall, Rama Homes is a positive development for the Gurgaon real estate market. 

It is expected to provide much-needed housing and commercial space in a prime location. The project is also expected to create jobs and boost the local economy. Latest update According to a recent news article, Kiwi Land & Housing Private Limited has received the environmental clearance for the Rama Homes project. The company is now in the process of obtaining the other necessary approvals.

As of September 2023, The project is now in the stage of receiving approvals & has obtained all necessary government permissions work of the project is anticipated to occur in either 2023 or 2024.

News by Rahul Yeligetti