Saamag in Real estate

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Saamag in Real Estate

Saamag group ventured into the Real Estate business in 2005 after getting Integrated Township License in Ghaziabad. The group took the responsibility to develop Integrated Township under Ghaziabad Development Authority. Today, it is developing various residential and commercial projects spread across North India.

Ghaziabad

Company – Saamag Construction Limited was conceived to give shape to people’s dreams. An integrated township spread over 80 acres is being developed with one of the Largest Real Estate FDI – SARE Homes.

  • Location NH-24, Ghaziabad
  • Project Type Integrated Township Land
  • Area ~ 80.8 acres
  • Total sellable area 6.56 Mn Sft
  • Area Launched 1.98 Mn Sft
  • Area Unlaunched 4.57 Mn Sft
  • Area Sold 1.62 Mn Sft
  • Total Area Unsold 4.94 Mn Sft

Current Status:

Launched: • 5 phases which includes residential, EWS, LIG and shops with 1.98 Mn Sft of total saleable area, of which 1.62 Mn Sft is sold as on March 31, 2018

To be launched: • 5 new phases, institutional land and commercial phase with total saleable area of 4.57 Mn Sft to be launched

  • The project is expected to be completed by March, 2026
  • Currently construction on the project is stand still
  • Payment of INR 510 Mn is due in March 2020 to Ghaziabad Development Authority (GDA) towards acquiring additional land of 2.46 acres
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Dehradun

Company – Saamag MDDA Development Pvt Ltd

Saamag is developing a commercial project under PPP model in the heart of Dehradun – 'INDIRA Market'. This coveted project involves relocation of current shopkeepers and building up state-of-the-art commercial project, which would have 1000 commercial shops, high rise office tower and parking space for more than 1050 vehicles in triple basement space.

Current Status

Project is yet to be launched. Construction permission is under process and the project is expected to commence by May/June, 2019.

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Meerut

Company - Zenith Township Pvt Ltd

Integrated mixed use development spread over 31 acres of land.

Location – NH 58, Meerut ByPass, Village – Khadoli

Project name – Saga Habitat

Current Status

Launched 5 phases which includes developed plots, low rise apartments (G+2), mid rise (G+9) and Villas.1. Group Housing – 29975 Sq. Mt.

  • Plots - 44148 Sq. Mt.
  • Plots - 18174 Sq. Mt.
  • Villas - 8500 Sq. Mt.
  • Simplex = 5246 Sq. Mt.
  • Total Land : 105843 Sq. Mt
  • Developed Area – 26.15 Acre
  • Total Land = 29.40 Acre
  • Over 500,000 sq ft of built up area.
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