NB Group to Invest Rs 350 Crore in New Luxury Housing Project in Ahmedabad

Realty firm NB Group plans to invest Rs 350 crore in a new luxury housing project named 'NB Palm' in Ahmedabad, featuring 136 apartments on a 6,300 square yard land parcel. Priced from Rs 2.5 crore at Rs 6,500 per sq ft, the project reflects growing demand for premium housing amid steady market growth of 2-3% annually. Established in 2014, NB Group has developed eight projects with over 500 homes currently under construction, aiming to expand its presence in Ahmedabad's real estate sector.