ATS Homekraft Sells 340 Luxury Homes in Gurugram’s Dwarka Expressway Project
ATS Homekraft, a renowned realty firm, has achieved a significant milestone by successfully selling all 340 luxury homes in the first phase of its latest project along the Dwarka Expressway in Gurugram. The total sales value of these homes amounts to an impressive ?825 crore, owing to the robust demand from end-users.
Sanctuary 105: A Project With Overwhelming Response
The project, named ‘Sanctuary 105,’ received an overwhelming response from the market since its launch earlier this month. The astounding number of over 700 expressions of interest from potential buyers highlights the allure of this project. Set across 13 acres of land, this housing project offers a total of 334 lavish units.
Affordable Luxury for End-Users in Gurugram
In an effort to cater to the needs of end-users and first-time homebuyers, ATS Homekraft aimed to provide this luxury housing project at an affordable price. Udaivir Anand, the Managing Director of ATS Homekraft, acknowledged a post-COVID trend wherein many new projects in Gurugram are priced above ?5 crore per apartment, creating a supply gap in the sub-?5 crore category. With Sanctuary 105, ATS Homekraft endeavors to bridge this gap and fulfill the aspirations of potential homebuyers.
Luxurious Design and Exclusivity
Drawing attention to the design of the towers, it is worth noting that each floor houses only two apartments, enhancing privacy and exclusivity for residents. Culminating in the creation of a total of 750 apartments, the project boasts a remarkable built-up area of 2.3 million square feet and a saleable area exceeding 1.6 million square feet. Furthermore, the development will integrate 130,000 square feet of high-street retail space, offering added convenience to residents.
Construction Commences and Expansion Plans
Construction has already commenced on this alluring project, ensuring that buyers will soon witness their dream home taking shape. As ATS Homekraft’s subsidiary, the company has HDFC Capital as an equity partner and aims to maximize the potent demand for housing in major Indian cities. In line with this objective, ATS Homekraft has plans to launch several other projects in the current fiscal year.
Anad’s Comment On Successful Sell-Out
Vijay Harsh Jha, founder, and CEO of Gurugram-based real estate brokerage V S Realtors I Pvt Ltd, attributed the quick sell-out of the project to ATS Homekraft’s esteemed brand reputation and the competitive pricing offered compared to other market players. Such positive feedback reinforces the notion that ATS Homekraft continues to deliver exceptional housing projects.
A Sterling Track Record by ATS Group
ATS Group, the parent company of ATS Homekraft, has established a stellar track record in the real estate sector. With successful delivery of over 50 million square feet of real estate, the group currently has 30 million square feet under development across prominent locations in Delhi-NCR, Punjab, and Mumbai. Priding themselves on their commitment to excellence, the ATS Group is committed to creating remarkable living spaces for their customers.
With ATS Homekraft’s Sanctuary 105 generating significant buzz and all homes in the first phase sold, it is evident that ATS Homekraft has once again established itself as a trusted brand in the real estate market. The project’s design, affordable luxury, and ATS Group’s strong track record, coupled with the rising housing demand, have led to an immensely successful venture.
