Grovy India strengthens South Delhi presence with 2.48 Lakh-SqFt development pipeline

Grovy India is currently developing an anticipated 1.83 Lakh-SqFt of residential spaces in various colonies of South Delhi. These include GK, Hauz Khas, Anand Niketan, Neeti Bagh, Defence Colony, and Gulmohar Park. The projects are scheduled for completion between Q3 FY27 and Q4 FY28.

Grovy India is also undertaking the development of three projects with Golden Growth Fund (GGF) and a category II real estate-focused Alternative Investment Fund (AIF) in South Delhi. Additionally, the company will evaluate more collaborative projects with an aim to scale execution towards 20-25 projects annually over the next three years.

Furthermore, Grovy India will add projects such as Safdarjung Enclave, Anand Niketan and Defence Colony to its construction pipeline in South Delhi. Moreover, the company has continued to expand its real estate portfolio in the South Delhi market to 2.48 Lakh-SqFt across ongoing and future projects.

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