Chandigarh Tricity-based real estate developer GB Realty has outlined an investment plan of over ₹5,000 crore over the next three years, as the company looks to significantly expand its luxury residential portfolio and enter new real estate segments and markets across North India. The company plans to scale its cumulative investment to approximately ₹10,000 crore over the next five years, marking a significant expansion of its development pipeline.

Of the planned investment, approximately ₹3,500 crore is proposed to be deployed specifically towards luxury and ultra-luxury residential developments. GB Realty expects to deliver four projects over the next three years, while simultaneously building a development pipeline spanning ultra-luxury residences, high-street commercial developments, eco-conscious townships, senior living communities, golf-led developments and luxury resort living.

The proposed investments are expected to be funded through a combination of internal accruals, customer collections, debt and institutional/JV capital, depending on the nature and scale of individual developments.

Commenting on the expansion plans, Gurinder Bhatti, Founder, GB Realty, said, “We are entering the next phase of GB Realty’s growth with a clear focus on creating differentiated real estate products rather than adding conventional inventory to the market. We plan to invest over ₹5,000 crore over the next three years and approximately ₹10,000 crore over five years. A significant part of this capital will be directed towards luxury and ultra-luxury residences, where we believe North India presents a substantial opportunity.”

Luxury Housing to Drive Growth

GB Realty is placing luxury and ultra-luxury housing at the centre of its next growth phase. The company believes there is significant headroom in the ₹5 crore and above residential segment, particularly across Chandigarh Tricity and Punjab, where demand for high-end housing has grown while organised supply at the upper end of the market remains relatively limited.