Despite being among the most adversely impacted industries globally due to the recent covid pandemic, the real estate sector has bounced back exceptionally and is on a hockey-stick growth trajectory lately. While residential real estate continues to be the major component of this sunrise industry, commercial sector has emerged as the fastest growing segment especially in India where urbanization and migration to metro cities has been at an all-time high in recent times.
Adding on to this is the ever-expanding e-Commerce & retail sectors and the concept of flexible workspaces now becoming mainstream, which are further driving the commercial real estate in India. As per Market Research Future’s recent report, the Indian commercial real estate market which stood at $90.96 billion is expected to amount to $643.08 billion by 2035, exhibiting a 21.6 percent CAGR during the forecast period.
Among the multitude of commercial real estate developers currently operational in India, one company that stands-out through its utmost focus on sustainability and customer satisfaction is Gurgaon based Galaxy Magnum Group. Hailing from a family which has been active in the Indian real estate space for over four decades, Rajiv Poddar (Managing Director) – a seasoned real estate professional with two decades of experience in the field – decided to leverage his vast industry knowledge and expertise garnered over the years and foray into commercial real estate vertical which was gradually picking-up pace in the Indian market.
Thus, he established Galaxy Magnum Group. in 2010 with a vision to develop high-quality and sustainable real estate projects that meet the evolving needs of our clients & communities, while also upholding the highest levels of integrity and professionalism. Today, with over 2 million sq. ft. area of projects delivered till date, the company has earned widespread reputation as one of the most sought-after commercial real estate developers in North India.
“Of late, we are witnessing a prime emphasis being laid on quality, safety, sustainability and design by both customers as well as builders and developers, with sustainability and green buildings emerging as the primary focal point of every real estate project. Aligning ourselves with this trend, we have adopted a similar commitment towards sustainability across all our past and upcoming projects in a bid to contribute towards a better tomorrow.
Although we have faced a variety of challenges along our journey, the strong foundation of trust, credibility and relationship that we have built with our stakeholders has helped us immensely in ensuring hassle-free operations so far”, elucidates Pranav Poddar (Head - Business Strategy & Operations), sharing his thoughts on the current market scenario.
Projects that Redefine Real Estate Excellence
As a full scale real estate developer, Galaxy Magnum Group is engaged in a large variety of commercial and retail real estate projects. Commercial real estate development being the company’s primary forte, it has successfully completed three commercial projects – Magnum Towers I & II (spanning 4.3 lakh sq. ft. area in Sector 58), Magnum Global Park (IGBC Gold Rated Building spanning 6.5 acres land in Sector 58), and Magnum 1 (spread across 1.65 acres land on Delhi-Mumbai Expressway link road), along with a retail project - The Boulevard.
Further, two upcoming projects that the company is currently working on are the Magnum Business District (currently the flagship project of Galaxy Magnum Group) and Magnum Home (the company’s first residential gated community project).
Located at the Southern Peripheral Road Sector 74 in Gurugram, Magnum Business District is spread across 15 acres and offers hassle-free connectivity to IGI Airport and South Delhi, along with easy access to major transport hubs, educational institutions, healthcare, financial services, shopping centers and other essential facilities.
Comprising of premium grade office spaces, this project is equipped with a wide range of modern day amenities such as fully automated building management system, grand entrance lobby, valet parking & concierge service, high speed elevators, 24x7 multilayer security, state-of-the-art conference & meeting rooms, 100 percent power backup, and a lot more.
Standing true to Galaxy Magnum Group’s commitment towards sustainability, the project not only holds GRIHA 5-Star rating as well as LEED Platinum Certification from US Green Building Council, but is also designed for maximum energy efficiency and consists of a host of green amenities such as EV charging stations, exquisitely planned landscaped, and different systems for recycling of non-renewable resources.
“Committed to excellence in every detail, Quality, Trust and Expertise have always been the cornerstone of all our business practices, wherein we believe in delivering only the highest quality projects that facilitate enhanced customer satisfaction and experience.
Thus, every project that we undertake will also be a testament to our relentless pursuit of perfection and setting new standards in the global & Indian real estate market.
Our group’s proficiency extends across the entire spectrum of operations – right from identifying & acquiring the land parcel, to construction & planning, project design, execution, development and strategic marketing”, adds Pranav.
Quality, Trust and Expertise have always been the cornerstone of all our business practices, wherein we believe in delivering only the highest quality projects that facilitate enhanced customer satisfaction and experience
Quality & Client-Centricity – The USP
Always prioritizing client experience above everything else, Galaxy Magnum Group is always ready to go an extra mile to ensure that its customers get nothing short of the best quality services.
In light of this, it tries to implement the maximum number of features & amenities possible in all its projects and has even developed an innovative tech application for all employees and companies within its project premise.
Additionally, Galaxy Magnum Group has also garnered immense repute across the real estate fraternity for the excellent aftersales support it provides, wherein the complete maintenance is taken care of by the company itself after the delivery of each of its project.
Overall, some of the key aspects of Galaxy Magnum Group that make it a hot favorite among the customers are timely delivery, modern state-of-the-art amenities, top-notch quality, razor-sharp focus on ensuring customer satisfaction, and most importantly, making sure to add value to all its stakeholders.
“We believe strong leadership and teamwork are the driving forces behind our success in delivering exceptional real estate developments in the North India market, which is demonstrated through our commitment to building trust and maintaining transparency in all our operations.
By fostering open communication and ensuring that every decision aligns with our promise of delivering quality developments, our leadership & management team sets the vision, inspires innovation, and upholds the highest standards of integrity & excellence in every project we undertake, and that is the vision carried forward by each and every member of the team”, Pranav further explains.
The Vision Ahead
With over 3 million sq. ft. area of projects in pipeline, Galaxy Magnum Group boasts of an elite clientele comprising of renowned names such as Axis Bank, ICICI Bank, Puma, Welspun, Shapoorji Pallonji, Keventer, Crocs, Redington, VLCC, and Alexander Hughes, to name a few.
Owing to its industry benchmark practices and the exceptional customer appreciation that it has garnered over the years, the company has not only been featured in numerous media outlets, but was also conferred with the ‘Best Brands of 2025’ award last year by ET Now.
Going forward, Galaxy Magnum Group aspires to minimize its environmental impact and enhance long term sustainability by prioritizing energy efficiency, renewable energy sources, green building materials, and ecofriendly design practices across its ongoing and upcoming projects.
“We believe that true success in real estate development is measured not only by what we build, but also by the positive lasting impact that we leave on the environment and the society. Thus, all our real estate developments which have been already built, under construction or the ones we plan to do in the future will always have sustainability as a core value that shapes every decision we make, ensuring our projects contribute to a healthier planet and stronger communities”, concludes Pranav.
QUICK FACTS
Year of Establishment: 2010
Office Location: Gurgaon
Key Projects Delivered: Magnum Towers I & II, Magnum Global Park, Magnum 1 and (Commercial); and The Boulevard (Retail)
Ongoing/Upcoming Projects: Magnum Business District and Magnum Home
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