< Back to all clusters
[BUSINESS] · India · 2 sources

started · updated

GB Realty announces expansion and Rs 5,000 crore investment plan

GB Realty, a real estate developer based in the Chandigarh Tricity area, has announced plans to invest over Rs 5,000 crore over the next three years. The company aims to scale its cumulative investment to approximately Rs 10,000 crore over a five-year period.

A significant portion of this capital, roughly Rs 3,500 crore, is earmarked for luxury and ultra-luxury residential projects. The company’s expansion strategy focuses on North India, specifically targeting high-end demand in Punjab, Mohali, and New Chandigarh.

Beyond residential housing, GB Realty’s development pipeline includes high-street commercial developments, eco-conscious townships, senior living communities, golf-led developments, and luxury resort living. The planned investments are expected to be funded through internal accruals, customer collections, debt, and institutional or joint venture capital.

Entities

GB Realty · Gurinder Bhatti · Mohali · New Chandigarh · Punjab