Upcoming Project
Swaranaya in New Friends Colony: Kreeva's Upcoming High-Rise Project on Mathura Road
Kreeva, the real-estate arm of Kanodia Group, has an upcoming residential project called Swaranaya on Mathura Road in New Friends Colony, South East Delhi. The project is registered with Delhi RERA and plans 114 homes across three towers in 3.5, 4.5 and 5.5 BHK configurations.
| Developer | KREEVA (real-estate arm of Kanodia Group); promoter on record is Sunup Build Private Limited |
|---|---|
| Location | Plot No. 2A, Mathura Road, Old Ishwar Nagar near New Friends Colony, South East Delhi 110020 |
| Status | Upcoming; Delhi RERA registration DLRERA2026P0007 dated 19 June 2026 (as of October 2026) |
| Scale | Land of about 8,121.52 sq m (roughly 2 acres); 3 residential cores (A, B and C); 114 residences stated by the developer |
| Configurations | 3.5 BHK (about 3,700 sq ft), 4.5 BHK (about 4,500 sq ft), 5.5 BHK (about 5,100 sq ft), saleable area |
| Reported base rate | ₹40,000 per sq ft as of September 2026, from third-party project material; indicative 3.5 BHK price about ₹14.80 crore |
| Registered completion date | January 2033 (as filed with Delhi RERA) |
Status and launch activity
Swaranaya is listed as an upcoming project. The developer's official project page carries an enquiry form and the Delhi RERA registration number, and the RERA record describes the application status as a new project. Broker and third-party pages report launch and expression-of-interest activity, with August 2026 cited as the launch month. The developer's own pages do not confirm that month.
The project was first announced on 29 January 2025, when ASK Property Fund said it would invest ₹260 crore in a KREEVA land acquisition in South Delhi. The developer announced the South Delhi project near New Friends Colony on 2 July 2026, with estimated total investment of about ₹1,050 crore and 114 units.
Developer and partners
KREEVA is the consumer-facing brand of Kanodia Group's real-estate business. Kanodia Group, founded in 1992, entered real estate with KREEVA in 2024, according to the group's official timeline. KREEVA's first real-estate expression is The Dualis, developed with Shapoorji Pallonji. In December 2024, KREEVA and ASK Property Fund announced a Gurugram partnership with Shapoorji Pallonji Real Estate.
No project-level joint-venture partner is identified for Swaranaya. ASK Property Fund is reported as an investor in the land acquisition. The Delhi RERA record names Sunup Build Private Limited as promoter.
Approvals and RERA record
The project is registered with Delhi RERA as DLRERA2026P0007, under the project name SwaranayaNFC. The RERA-linked record lists the following clearances, with dates as reported in the filing summary:
- Airport Authority of India clearance: December 2024
- Delhi Urban Arts Commission clearance: October 2025
- Fire Department clearance: October 2025
- Environment and pollution clearance: November 2025
- Delhi Jal Board water connection clearance: December 2025
- Common Application Form submitted to MCD, DDA and NDMC: January 2026
- Electricity connection clearance: April 2026
The approved layout plan, sanctioned building plan, land title search report and khasra plan are listed as filed. The RERA-linked record gives construction start as March 2026. Its filing shows no floors built yet, and no later construction update is documented.
Scale and layout
The site covers 8,121.52 sq m, or about 2.007 acres. The Delhi RERA land-use allocation is 2,325.72 sq m for group housing, 398.01 sq m for commercial use and 5,397.79 sq m for common amenities. The developer describes the scheme as one phase, with 1.5 acres of landscaped greens. The project material describes a 'G+27' building, while the RERA-linked record gives 84 sanctioned floors across three cores. Parking in the RERA record totals 422 spaces: 279 basement, 23 stilt and 120 covered.
The developer markets the homes as sky villas in a gated high-rise. Project material describes the area as largely made up of independent houses and builder floors, so this would be a change in typology for the locality.
Configurations and sizes
| Configuration | Saleable / super area | Reported carpet area | Reported balcony area |
|---|---|---|---|
| 3.5 BHK | About 3,700 sq ft | About 1,879 sq ft | About 785 to 835 sq ft |
| 4.5 BHK | About 4,500 sq ft | About 2,323 sq ft | About 883 to 948 sq ft |
| 5.5 BHK | About 5,100 sq ft | About 2,532 sq ft | About 1,187 to 1,198 sq ft |
Some lower and transition-floor units carry different carpet areas in project-data material. Buyers should check the registered plan and sale agreement for the exact unit area, room allocation and orientation.
Pricing
As of September 2026, third-party project material reports a base rate of ₹40,000 per sq ft. That rate is not shown on the developer's official project page. At this rate, indicative base prices are about ₹14.80 crore for 3.5 BHK, about ₹18 crore for 4.5 BHK and about ₹20.40 crore for 5.5 BHK. Earlier broker material cited a starting figure of ₹14.06 crore for the 3.5 BHK. Prices depend on inventory and date.
Additional charges such as GST, preferred location charges, parking and IFMS may apply. Their amounts are set out in the buyer's agreement.
Amenities and specifications
The developer lists a clubhouse of about 1.25 lakh sq ft on its official page, while other project material gives about 1.5 lakh sq ft. Amenities listed in project material include:
- Ground level: business centre, open library, cafeteria, retail, medical room and atrium
- Second floor: gym, salon, card room, AV room and spa
- Fourth floor: swimming pool, pool deck, pickleball court, cafe, sunken seating with water feature and children's play landscape
- Sixth floor: elevated garden, stargazing deck, public-art zone and indoor recreation room
- 22nd floor: jogging track, yoga and meditation area, social and barbecue space, children's play zone, open-air gym and zen garden
The developer names Roseate Hotels and Resorts for signature services, Toni and Guy for salon services, Yasmin Karachiwala's Body Image for fitness and Fortis for healthcare support.
The RERA specification summary lists RCC structure, tile flooring, plaster and paint, modular electrical fittings, CPVC and UPVC plumbing and a bare-shell kitchen. Third-party material also advertises VRV air conditioning and modular kitchens, so buyers should confirm inclusions against the agreement's specification annexure. The developer confirms private lift lobbies and atrium-height lobbies. Design collaborators named include Studio Symbiosis, Team3 (principal design architect Sanjay Bhardwaj), JW Consultants (structural consulting) and SAHVIA Group (landscape and lighting).
Location and connectivity
The site is on Mathura Road in South East Delhi, near the Old Ishwar Nagar and New Friends Colony area. The developer says the site is 2.1 km toward Ashram. Third-party location material gives these distances from the site:
- Modi Mill Flyover and Mathura Road: at or near the site
- Ashram Chowk and DND Flyway: about 4.3 km; the DND Flyway gives access toward Noida
- Nehru Place: about 3.8 km
- Central Delhi and Connaught Place: about 12.5 km, roughly 25 minutes
- IGI Airport Terminal 3: about 21 km, roughly 40 minutes, depending on traffic
Metro stations on the Magenta Line that third-party material cites nearby include Sukhdev Vihar and Okhla NSIC.
Nearby places and local market
Third-party location material places the following nearby: The Suryaa Hotel and NFC Club about 600 metres away, Lotus Temple about 1.0 km, and Fortis Escorts Heart Institute and Holy Family Hospital about 2.3 km. DPS Mathura Road, Don Bosco School and Cambridge School are named in project material. The developer says the homes have Lotus Temple views, though availability depends on unit and floor.
Broker material gives nearby comparison prices of about ₹28,000 per sq ft for Conscient Hines Elevate Delhi 7 and the DLF One Midtown resale, about ₹23,000 to ₹25,000 per sq ft for the Godrej South Estate resale, and about ₹26,500 to ₹28,000 per sq ft for the Eldeco Camelot pre-launch. Broker material also estimates rental yields of 4 to 6 percent for Swaranaya.
The developer's South Delhi project has an estimated investment of about ₹1,050 crore. The ₹260 crore ASK Property Fund investment was announced in January 2025 and backs the land acquisition and development. The roughly 500,000 sq ft residential development described at that time would include 3.5, 4.5 and 5.5 BHK homes.
Frequently asked questions
Is Swaranaya registered with RERA?
Yes. The project is registered with Delhi RERA as DLRERA2026P0007, under the project name SwaranayaNFC, with the registration dated 19 June 2026. The promoter on record is Sunup Build Private Limited.
How many homes are planned at Swaranaya, and what sizes are offered?
The developer states 114 residences across three residential cores. Configurations are 3.5 BHK at about 3,700 sq ft, 4.5 BHK at about 4,500 sq ft and 5.5 BHK at about 5,100 sq ft, measured as saleable or super area.
What is the reported price for Swaranaya?
Third-party project material reports a base rate of ₹40,000 per sq ft as of September 2026. That rate is not shown on the developer's official project page. At that rate, the 3.5 BHK is about ₹14.80 crore, the 4.5 BHK about ₹18 crore and the 5.5 BHK about ₹20.40 crore. Prices vary by inventory and date, and additional charges may apply.
When is the project due to be completed?
The completion date filed with Delhi RERA is January 2033. The developer's official project page does not state a separate possession date.
Where exactly is Swaranaya located?
The site is Plot No. 2A on Mathura Road in South East Delhi, PIN 110020, in the Old Ishwar Nagar area near New Friends Colony. The developer says it is 2.1 km toward Ashram, and third-party material places the DND Flyway about 4.3 km away and Nehru Place about 3.8 km away.