Bharti Realty, a Bharti Enterprises' real estate firm, on 27 July 2015 tied up with Eros Group to develop a housing project at Surajkund. As per the tie-up, Bharti Land, the new development arm of Bharti Realty, will develop a smart residential project in Surajkund, south of South Delhi.
Bharti Reality will develop over 2000 apartments in this project, covering about 5.2 million sq ft of area. The land size is about 50 acres, owned by Eros group which is into real estate, hospitality, entertainment and education businesses.
The housing project will also have an eminent school, a renowned healthcare facility, a neighbourhood shopping area along with other social amenities like clubs, sports facilities, etc.
Bharti Realty, the subsidiary of Sunil Bharti Mittal-led Bharti Enterprises, manages around three million square feet of Grade-A commercial real estate space. Currently, it is developing another four million square feet of commercial real estate office space across prominent cities in the country.
The Bharti Group has presence in telecom, agri-business, financial services, retail and real estate among others.
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Who: Bharti Realty
What: Tied-up with Eros Group
When: 27 July 2015