Kanodia Group Enters Real Estate; Targets Over Rs 5000 Cr Investment By 2028

New Delhi, March 27, 2024: Kanodia Group, has announced its foray into the real estate sector. The company has announced plans to venture into both residential and commercial segments. Beyond its established presence in cement, hygiene, and building solutions, Kanodia Group is now poised to transform the Indian real estate sector with its upcoming projects.

Kanodia Group aims to bring innovative and modern designs to its projects, setting them apart from traditional offerings, mentions a press release issued by the company. 

Kanodia Group is a prominent player in the cement industry, led by Vishal Kanodia and Gautam Kanodia.

Sharing his vison on the Group’s entry into the real estate sector, Gautam Kanodia,  Co -Founder , Kanodia Group said, “With a strong foundation in allied sectors, we are committed to bringing our expertise and commitment to excellence to the real estate sector. Our mega entry into real estate, targeting to invest more than INR 5000 Cr by 2028, aligns with our vision of contributing to the nation’s growth and development. We aim to invest this amount for the acquisition and development of state-of-the-art residential and commercial projects. Initially focusing on projects in NCR, we aim to expand our real estate footprint to other regions as well.”

Kanodia Group currently operates three plants equipped with 100% automatic grinding techniques in Sikandrabad, Bulandshahar, one at Amethi UP  and one in Bihar, with a total capacity of 4.2 million tonnes per annum. The Kanodia Cement is going to establish Two Cement Grinding Units in UP with the Total capacity of 5 Million Tonnes Per Annum.