REG News
Delhi: KREEVA, the real estate arm of Kanodia Group, recorded ₹750–800 crore in sales on the launch day of Swaranaya, its ultra-luxury residential project near New Friends Colony in South Delhi. All residences offered in the first phase were fully booked, signalling strong demand for high-end homes.
The project offers 3.5, 4.5 and 5.5 BHK residences, with prices starting at ₹15 crore. The development will comprise 114 homes designed as bespoke sky villas, focusing on spacious layouts, privacy and premium lifestyle amenities. The 5.5 BHK residences in the launch phase were completely sold out.
Swaranaya features lifestyle facilities developed with global partners, five-star hospitality-inspired services and five-tier security, targeting buyers seeking exclusivity, larger living spaces, and professionally-managed residential communities.
Building on the launch response, KREEVA plans to invest ₹5,000 crore over the next four to five years in land acquisition, project development and expansion across Delhi-NCR and selected Tier-2 markets, including Chandigarh and Lucknow.
The company is also preparing a multigenerational residential project along Gurugram’s Southern Peripheral Road, designed to accommodate different age groups while maintaining household privacy and independence.
Dr Gautam Kanodia, Founder of KREEVA and Kanodia Group, said the response strengthened the company's confidence in its luxury housing strategy.
Head of Sales Ankur Balendu Dwivedi said future projects would focus on location, usable space, amenities, and delivery confidence, supported by disciplined investment and pricing.
Also Read: South Delhi Luxury Floors Surge Up to 21% in Q2 2026