SHAPOORJI PALLONJI KREEVA SOUTHERN PERIPHERAL ROAD — New Project Coming Up in Sector 71, Gurgaon
Shapoorji Pallonji and KREEVA Partner on Gurgaon Development
Shapoorji Pallonji Real Estate (SPRE) has formed a joint venture with Kanodia Group's real estate venture KREEVA to bring a residential project to one of Gurgaon's developing residential corridors. The partnership brings together two established real estate players with complementary expertise in luxury residential development across the National Capital Region.
About the Developers
Shapoorji Pallonji was founded in 1897 and has built landmark structures including the Hong Kong Bank, Grindlays Bank, Standard Chartered Bank, Reserve Bank of India building, Bombay Stock Exchange building and Taj Intercontinental around the Fort region. With a development potential of over 142 million square feet, Shapoorji Pallonji Real Estate has made inroads into most Indian cities -- Mumbai, Pune, Bengaluru, Gurugram, and Kolkata.
Gautam Kanodia is the founder of KREEVA and co-founder of Kanodia Group. KREEVA represents the Kanodia Group's entry into premium residential real estate development.
Location and Connectivity
Sector 71 is positioned on NH-48 and directly off Southern Peripheral Road (SPR), supplying easy access to adjacent regions like Sectors 70, 72, 69, and 73, and has clean access to Sohna Road and Golf Course Extension Road. Sector 71 Gurgaon is emerging as one of the most sought-after localities in the rapidly developing city of Gurugram, strategically located along Southern Peripheral Road (SPR) and Golf Course Extension Road.
Market Context
In recent years, Sector 71 has witnessed significant development in terms of real estate projects, with leading developers investing in the area, introducing projects that blend contemporary architecture with sustainable design principles. The typical price of real property in this vicinity varies from ₹7,500 to ₹11,000 per square foot (2024–2025), contingent on developer reputation, vicinity, and services.
About Shapoorji Pallonji in Gurgaon
Shapoorji Pallonji Real Estate has made a strong entry into the vibrant real estate market of Gurgaon, known for its modern infrastructure, upscale lifestyle and booming corporate sector, bringing unmatched trust, innovation and premium living experiences to the city's evolving skyline with a rich history of creating landmark projects across India.