Swaranaya is an ultra-luxury residential project by KREEVA, located in New Friends Colony, South Delhi, offering 3, 4 and 5 BHK apartments across three towers on a 2.007-acre site. It represents a relatively uncommon organised high-rise development in a neighbourhood historically characterised by independent bungalows and DDA-planned plots.
Key Facts: Swaranaya at a Glance
- Project Name: Swaranaya
- Developer: KREEVA India
- Location: New Friends Colony, South Delhi
- Configurations: 3, 4 & 5 BHK Apartments
- Unit Sizes: 3,500 to 5,500 sq. ft.
- Total Units: 114 Residences
- Towers: 3 High-Rise Towers
- Land Parcel: 2.007 Acres
- Clubhouse: Approximately 1.5 lakh sq. ft.
- Construction Partner: Shapoorji Pallonji Real Estate
- Starting Price: ₹14.5 Crore*
What is New Friends Colony Known For?
New Friends Colony is a residential colony in South Delhi, planned by the Delhi Development Authority (DDA) in the 1960s for professionals and government officials. The neighbourhood is known for its wide roads, mature green cover, established schools, hospitals and local markets.
Its established plot pattern and street network also limit the availability of large development parcels. This constrained supply has helped maintain demand for flats in New Friends Colony, particularly among buyers seeking an established South Delhi address.
What is Swaranaya by KREEVA?
Swaranaya by KREEVA is a low-density, ultra-luxury apartment development spread across three towers on a 2.007-acre parcel in New Friends Colony. It comprises 114 residences in 3, 4 and 5 BHK configurations, with unit sizes ranging from approximately 3,500 to 5,500 sq. ft.
The project is being constructed in association with Shapoorji Pallonji Real Estate. Its residential floors are positioned above a multi-level podium, creating a vertical residential format that differs from the independent floors traditionally associated with the locality.
Configuration & Specifications
| Feature | Detail |
|---|---|
| Configurations | 3, 4 & 5 BHK Apartments |
| Size Range | 3,500–5,500 sq. ft. |
| Total Units | 114 |
| Towers | 3 |
| Land Area | 2.007 acres |
| Clubhouse Size | ~1.5 lakh sq. ft. |
| Construction Partner | Shapoorji Pallonji Real Estate |
| Starting Price | ₹14.5 Crore Onwards* |
Who is the Developer Behind Swaranaya?
KREEVA is the ultra-luxury real estate division of the Kanodia Group, an Indian business group with more than three decades of operations across cement, building materials and infrastructure. KREEVA is led by Gautam Kanodia, with Mayank Jain serving as CEO.
The company's background in construction materials provides an industrial dimension to its real estate business. For Swaranaya, this is complemented by its association with an established construction partner, Shapoorji Pallonji Real Estate.
What Amenities Does Swaranaya Offer?
Swaranaya includes an approximately 1.5 lakh sq. ft. clubhouse, providing a substantial shared amenity space relative to the project's 114 residences. The reported amenities are designed to cover recreation, fitness, social gatherings and outdoor activities.
Key amenities include:
- Double-height entrance lobby
- Swimming pool and gym
- Banquet hall and community hall
- Jogging track and open-air theatre
- Landscaped green park and sports area
- 24/7 security
- VRV air conditioning in residences
How Well Connected is Swaranaya's Location?
The project's location in New Friends Colony provides access to major road networks, including the DND Flyway and Mathura Road. This connects the neighbourhood with Noida, Greater Kailash and other established parts of Delhi.
| Destination | Approximate Travel Time |
|---|---|
| Ashram Metro Station | 5 minutes |
| Fortis Escorts Heart Institute | 10 minutes |
| DND Flyway / Noida | 15 minutes |
| Connaught Place | 25 minutes |
| New Delhi Railway Station | 25 minutes |
| IGI Airport | 45 minutes |
Travel times are approximate and may vary depending on traffic and route conditions.
Who is Swaranaya Designed For?
Swaranaya's configuration and positioning place it within the ultra-luxury segment of the residential market. Its format may appeal to different categories of buyers with specific requirements.
- Families upgrading from independent floors: Buyers can consider a managed apartment environment while remaining within New Friends Colony.
- NRIs: The combination of an established location, apartment-based services and security may suit buyers looking for a managed residence in South Delhi.
- Long-term property buyers: Investors examining established neighbourhoods with limited large-scale residential development may consider the project alongside other local property options.
Is Swaranaya a Good Investment?
New Friends Colony has an established residential market in which independent floors and other premium properties form a significant part of the available housing stock. The limited availability of large development parcels creates a different supply profile from newer residential corridors.
For prospective investors, however, location alone does not determine investment performance. Factors such as purchase price, rental demand, holding period, financing costs, market conditions and applicable approvals should be assessed before making a decision. Buyers should also verify the project's current RERA registration, pricing and documentation through the relevant official sources.
Conclusion
Swaranaya introduces a low-density high-rise residential format to New Friends Colony, adding a different housing option to a neighbourhood traditionally associated with independent homes and floors. Its combination of a South Delhi location, 3, 4 and 5 BHK residences, extensive shared amenities and association with Shapoorji Pallonji Real Estate gives buyers several factors to evaluate.
For those comparing Swaranaya with other flats in New Friends Colony, the decision should be based on factors such as configuration, floor plans, specifications, amenities, pricing, construction status and statutory documentation. Buyers should confirm the latest project details and RERA documentation before making a purchase.
For more information, contact +91 7838212212 or email info@kreeva.in.