Sare Ghaziabad

 Location

 NH 24, Delhi Meerut Expressway Ghaziabad

Total Saleable Area

72 Acres of Integrated township with 3.5 MM sq ft of
saleable area comprising residential, retail and
institutional spaces

Unit Configurations

2, 3 & 4 BHK Bedroom Units

Sale Status

1117 out of 1436 units sold

Current Status

Project work stuck since 2017, Different towers in varying
stages of construction

Issues

Corporate level lender Issues leading to Injunction from
Delhi High Court led to Liquidity crunch

Critical Conditions Precedents

Existing Customer Settlement

Working Capital Requirement

INR 35 MM

Means of Funding

Sale of Commercial & Institutional Assets

Estimated time of Completion

Mar 2022 - commencement of handover