In India’s building sector, Biltrax Construction Data is in a position to support thousands of businesses and industry professionals in making faster, more informed decisions with the help of our Data Insights & Analytics. For any latest updates, go no farther than this. The article provides a list of the top residential projects started during the preceding quarter.
Looking ahead, we analyze the best private residential developments in India that formally broke ground in the previous quarter. Based on their descriptions, locations, and investment data, our researchers have created a list of the top residential projects for Q3 of 2022.
Top 5 Residential Projects Initiated in Q3 – 2022 in India
ICHBS Suntec City, Palheri
The Indian Co-operative House Building Society (ICHBS) Ltd. is developing a residential project named ‘Suntec City’ at Village Palheri, Tehsil Kharar and Village Rahmanpur, New Chandigarh, Punjab. The Project involves residential plots, commercial plots, primary school plots, dispensary, community centre etc.
The project will be constructed on 108.58 acres of land, with a built-up area of 50,23,544 sq. ft. The total cost of construction will be INR 1260 crores. 12 buildings comprising a ground floor and 3 upper floors, 90 buildings comprising a ground floor and 4 upper floors and 442 residential villas comprising a ground floor and one upper floor will be constructed.
|Project Name||ICHBS Suntec City, Palheri|
|Location||New Chandigarh, Sahibzada Ajit Singh Nagar (Mohali), Punjab|
|Land Area (in acres)||108.58|
|Construction Area ( sq. ft.)||5023544|
Morpheus Pratiksha, Greater Noida
Morpheus Developers Private Ltd. is planning a residential project named ‘Morpheus Pratiksha’ at Sector 1, Greater Noida West, Gautam Buddha Nagar, Uttar Pradesh. The project will be built on a land area of 10.5 acres and will have a built-up area of 26,46,328 sq. ft. The total cost of construction will be INR 1005 crores. Total 10 buildings comprising the basement, a ground floor and 23 upper floors will be constructed.
|Project Name||Morpheus Pratiksha, Greater Noida|
|Location||Greater Noida, Gautam Buddha Nagar, Uttar Pradesh|
|Land Area (in acres)||10.5|
|Construction Area ( sq. ft.)||2646328|
Godrej Splendour, Belathur
In Belathur, Karnataka, Godrej Properties Ltd. is constructing a residential project called ‘Godrej Splendour’ that spans 17.78 acres of land with a built-up area of 29,73,973 sq. ft. This project’s construction will cost INR 892 crore. The project will be completed in a phase manner.
Phase 1 involves two residential buildings: Building 1 made up of Wings A, B, C, D, and E, and Building 2 made up of Wings F, G, H, and J. They both have 27 upper floors, two podiums, and a ground level.
Phase 2: Building 3 (Wings K, L, and M), as well as Building 4 ( Wings Q, R, S, and T) will all have a ground floor, two podiums, and 18 upper floors, while Wings P and N will have a ground floor, two podiums, and 17 upper floors. Phase 2 will also include an amenities block with a ground floor and two upper floors.
|Project Name||Godrej Splendour, Belathur|
|Land Area (in acres)||17.78|
|Construction Area ( sq. ft.)||2973973|
Praneeth Pranav Grove Park, Gagillapur
Praneeth Group is developing a residential project named ‘Praneeth Pranav Grove Park’ at Gagillapur, Hyderabad. Total 884 Villas comprising a ground floor and two upper floors along with a Club house comprising a basement, a ground floor and four upper floors will be constructed. The project will be built on a land area of 70.49 acres and will have a built-up area of 22,21,961 sq. ft. The total cost of construction will be INR 777 crores.
|Project Name||Praneeth Pranav Grove Park, Gagillapur|
|Location||Hyderabad, Medchal-Malkajgiri, Telangana|
|Land Area (in acres)||70.49|
|Construction Area ( sq. ft.)||2221961|
Kalpataru Vivant, Jogeshwari
In Jogeshwari, Kalpataru Limited is developing a residential project at CTS No. 33A, 62,76 of Village Majas, next to Icchapurti Ganesh Temple. The project involves the construction of 2 residential buildings with South Ridge phase consisting of three basements, a ground floor and one podium and North ridge phase comprising two basements, a ground floor and three podium. The project will have a built-up area of 13,17,804 sq. ft. and be constructed on 6.2 acres of land area. The building will cost INR 724 crores in total.
|Project Name||Kalpataru Vivant, Jogeshwari|
|Land Area (in acres)||6.2|
|Construction Area ( sq. ft.)||1317804|
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