Goel Ganga Developments signs Rs 100 crore deal, taken 3 upcoming properties of Guardian Developers

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PUNE, 4 January 2021: Pune-based realtor, Goel Ganga Developments (GGD) has taken 3 upcoming properties of Guardian Developers. These properties are located in New Wagholi, Hinjewadi and Ambegaon-Katraj.

Due to its well-established name and repute in the real estate sector, especially in Pune, Goel Ganga Developments were approached for Development-Management (DM) models for residential and commercial projects. Over a period of time after comprehensive review and deliberations, Goel Ganga Developments gave its nod for the takeover of 3 properties of Guardian Developers at New Wagholi, Hinjewadi and Ambegaon-Katraj.

The total value of the said takeover deal between Goel Ganga Developments (GGD) and Guardian Developers stands at Rs 100 crores. Also, the Goel Ganga Developments’ project works will move towards success with the strong support of the NBC Piramal Group. Noteworthy, Goel Ganga Developments (GGD) has already successfully completed over 10 million square feet of work in Pune city and that’s the realtor is upbeat and confident about desired conclusion of the realty projects.

Talking about the rationale behind signing the deal, Annuj Goel, Chairman of Goel Ganga Developments (GGD) said, “With the three locations having immense potential, time is also apt to make such an important decision. Ups and downs will keep coming and going, but GGD’s commitment to make Pune city the best of its version will always stand rock solid.”

Explaining about the projects, Goel added, “When GGD stepped in, New Wagholi’s Hillshire project was yet to get its finishing touch. My able and dedicated team at GGD, put our best foot forward for the 200 families residing in 2 and 3 BHK homes. And, now our work speaks in itself. It needs no introduction because action always speaks louder than words.”

Further, commenting on the development, Khushru Jijina, Managing Director, Piramal Capital & Housing Finance Limited (PCHFL), said, “It goes without saying that Goel Ganga Developments-Piramal partnership goes hand in hand as we both are committed towards quality work and maximum customer satisfaction. We will leave no stone unturned to achieve what’s been promised for Pune city.”