Prateek Group launches Prateek Grand Begonia in Siddharth Vihar, to invest Rs 1200 cr
Prateek Group is eyeing a topline of Rs 5,000 to Rs 6,000 crore from this project, which will have 2400 units in the configuration of 2, 3 and 4 BHK.
The project is strategically located along the NH24 corridor in Siddharth Vihar, which has been the prime focus of real estate development over the last 4 to 5 years.
Noida-based real estate developer Prateek Group has announced the launch of its luxury housing project — Prateek Grand Begonia — in Siddharth Vihar, Ghaziabad, and plans to invest around Rs 1200 crore in its development. The group is eyeing a topline of Rs 5,000 to Rs 6,000 crore from this project, which will have 2400 units in the configuration of 2, 3 and 4 BHK.
The project is strategically located along the NH24 corridor in Siddharth Vihar, which has been the prime focus of real estate development over the last 4 to 5 years. Prateek Group has already delivered a township project called Prateek Grand City in this area.
As per the company, the project received an overwhelming response on its launch and has seen more than 2X appreciation in its initial selling prices. In its constant endeavor to create benchmarks, the company has launched one-of-a-kind developments boasting world-class architecture, high-end amenities, and thoughtfully designed spaces in its new offerings, Prateek Grand Begonia. Targeted at both end-users and investors of mid-segment and high-segment, Prateek Grand Begonia promises an unmatched lifestyle experience.
The company has announced sales of its 1200 units in the first phase of the project priced at Rs 1.2 crore onwards, which has witnessed an overwhelming response with more than 50% of the first-phase inventory already sold. This itself is one of the record-breaking sales in the Ghaziabad region. This remarkable demand also highlights the project’s appeal to both end-users and investors seeking lucrative opportunities in Siddharth Vihar’s booming real estate market.
Prashant Tiwari, CMD, Prateek Group, said, “With every project, we strive to set new standards in quality and customer satisfaction, and Prateek Grand Begonia is no exception. The quick sales response to the project is owing to the brand value and credibility of Prateek Group earned over the years. It is a testament to the company’s commitment to timely delivery, quality construction, customer satisfaction, and achieving excellence with each project built and delivered. Boasting its strategic location and connectivity quotient, the project is poised to attract both end-users and investors looking for high returns and quality of life. Our commitment to delivering excellence, in every aspect of the project, ensures that this development will cater to the buyers’ evolving lifestyle.”
Due to its strategic location, the residents of Prateek Grand Begonia will also be benefitted from the township amenities of Prateek Grand City and will have access to the amenities and facilities of the township offering a luxurious & comfortable lifestyle. The key highlights of the project include EV charging points at every parking space making the project more futuristic. Adding to the environment and making it more nature-friendly, the group has also planned to plant more than 1,00,000 plants across the township. The group has also proposed a high-end international school within the township. The development includes a clubhouse, classical water fountains, and commercial and retail spaces ensuring both convenience and safety.
Siddharth Vihar is rapidly emerging as one of NCR’s most promising luxury housing destinations, owing to its excellent connectivity and immense potential for capital appreciation. With seamless access to Delhi, Noida, and other parts of the National Capital Region, the area is poised to become a hub for upscale living.
