Construction Industry News
Manglam Group has announced a landmark investment of Rs 200 crore for a residential project – Manglam Rambagh. Located in the heart of Jagatpura, Jaipur, this gated township covers 2.2 hectares and offers an oasis of 114 apartments spread over six floors. The apartments range from 3 or 4 BHK apartments and 5 or 6 BHK penthouses, with spacious sizes ranging from 2,370 sq ft to 6,120 sq ft.
“Manglam Group is at the forefront of creating a green and sustainable future, and Manglam Rambagh is an example of this vision. This is our first company completely dedicated to the concept of sustainable construction. The project includes eco-friendly features and innovations that reduce our carbon footprint and promote sustainable practices,” said Amrita Gupta, Director, Manglam Group.
The luxury stays are competitively priced, ranging from Rs 1.38 million to Rs 3.73 million. The project features a spacious 700 square meter garden that serves as a serene escape amidst nature's bounty. Residents can also enjoy the grandeur of the luxurious 1.66-acre clubhouse that adds a touch of sophistication to their lifestyle. The group is expected to generate revenue of Rs 100 crore by March 2024 and another Rs 90 crore by March 2025 from this project.
