GBP Group Ties up with Global Conglomerate to Develop Realty Projects
Gupta Builders and Promoters Private Limited (GBP Group) has entered into an association with UK based global conglomerate SRAM & MRAM Group and CAS Developers and Infrastructure Private Limited (Area Group) to develop real estate projects in Delhi NCR, Chandigarh, Panchkula, Mohali, and New Chandigarh.
Under the association, the investment would be done in a phased manner through SRAM & MRAM Technologies Limited, which is a 100 per cent subsidiary of SRAM & MRAM Technologies & Resources Limited. GBP Group has its projects located in North India and caters to both residential and commercial developments, with the majority of the projects around Chandigarh.
“SRAM & MRAM are our financial arm, and these three companies will work together to develop Group Housing, Commercial projects, multiplex, and hotels in Delhi NCR, Chandigarh, Panchkula, Mohali, New Chandigarh. Area Group is a diversified conglomerate with Interests in Real Estate, Finance, Healthcare and Mining. The group is a provider of various investment, development, and management services across different business verticals,” said Satish Gupta.