The group is expected to generate Rs 100 crore in sales by March 2024 and an additional Rs 90 crore by March 2025 from this project.
Real estate developer Manglam Group plans to invest Rs 200 crore in its upcoming luxury residential project – Manglam Rambagh – in Jaipur. Spanning across 2.2 acres of prime land, the Manglam Rambagh project offers 114 flats spread over six floors. The flat types include 3 or 4 BHK flats and 5 or 6 BHK penthouse, boasting spacious dimensions ranging between 2370 sq ft and 6120 sq ft.
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“The Manglam Group is at the forefront of forging a sustainable and green future, and the Manglam Rambagh project exemplifies this vision. This marks our maiden venture entirely dedicated to the green building concept. We’re not just building homes; we’re cultivating a greener lifestyle and nurturing a healthier tomorrow. Our commitment extends beyond luxurious living; it encompasses environmental responsibility,” said Amrita Gupta, Director of Manglam Group.
“The project incorporates eco-friendly features and innovations that reduce our carbon footprint and promote sustainable practices. This milestone underscores our dedication to pioneering environmentally conscious real estate solutions, shaping a future where luxury harmonizes seamlessly with sustainability, ushering in a brighter and greener tomorrow,” she added.
According to the company, the luxurious abodes are competitively priced, ranging between Rs 1.38 crore and Rs 3.73 crore, offering a comprehensive range of amenities. The project boasts a sprawling 700 sqyd garden area that serves as a serene escape amidst nature’s bounty. Residents can also indulge in the grandeur of the 1.66 acre luxurious clubhouse that adds a touch of sophistication to their lifestyle. The group is expected to generate Rs 100 crore in sales by March 2024 and an additional Rs 90 crore by March 2025 from this project.
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Strategically located, the Manglam Rambagh project offers good connectivity to key areas of Jaipur, including Malviya Nagar, Tonk Road, Sitapura Industrial Area, and Ramchandrapura Industrial Area.
Each flat is allocated a minimum of two reserved car parking spots, contributing to a total of 250 reserved parking spaces. The project’s commitment to aesthetics and open space is underscored by the absence of ground-floor parking, thus maximizing green landscaping. The project is likely to be completed by December 2024.
