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CONSTRUCTION TICKER TAPE
TK ELEVATOR COMMENCES FACTORY EXPANSION IN RPS AZALEA GAINS RERA APPROVAL; RPS GROUP
INDIA STRENGTHENING MANUFACTURING CAPABILITIES ANNOUNCES `110 CRORE PREMIUM PLOT DEVELOPMENT
TK Elevator (TKE), a global leader in vertical transportation and RPS Group, a real estate pioneer with over two decades of
urban mobility solutions, has marked the commencement of excellence, is proud to announce that its premium plotting
its factory expansion project in India with a groundbreaking project, RPS Azalea in Sector 29, Bahadurgarh, has officially
ceremony. The project represents an important step in received RERA certification. Spanning 19.79 acres under the
strengthening TKE’s manufacturing infrastructure and supporting Deen Dayal Jan Awas Yojana (DDJAY) scheme, RPS Azalea
its long-term growth objectives in the Indian market. represents a significant investment of `110 crores. The plot size
The expansion will extend the existing facility by approximately varies from 125-180 sq yards. Construction is set to commence
10,000 square meters to enhance production efficiency, while immediately, with delivery targeted for 2027.
expanding warehousing and logistics capabilities. Construction The project offers an elevated lifestyle featuring spacious open
has commenced, with the expanded facility scheduled to be plots, lush greenery, and a serene atmosphere. Designed with
operational by August 2027. Once completed, the additional meticulously planned infrastructure, it promises a tranquil living
capacity will support increased production volumes and provide experience amidst evolving urban growth—perfectly blending
greater flexibility to address evolving demand across India’s low- modern convenience with natural beauty. To further enhance the
to-mid-rise segment, as well as infrastructure and commercial residential experience, RPS Group is developing a state-of-the-art
projects. Enhanced local logistics capabilities will also support 2-acre clubhouse featuring premium amenities.
the company’s service and modernization businesses through Shashank Gupta, Director of RPS Group, said “Our vision for RPS
improved responsiveness and availability. The expansion Azalea is to shape a thoughtfully planned
reflects TKE’s ongoing commitment to India and its evolving ecosystem that merges openness with
manufacturing ecosystem. future-ready infrastructure. We see
Commenting on the milestone, Ravikrishnan Srinivasan, CEO Bahadurgarh evolving into a key growth
India, TK Elevator, said “This expansion demonstrates our destination, and with Azalea, we aim
commitment to strengthening local manufacturing and logistics to create a space that aligns with the
capabilities to support sustainable growth aspirations of modern homeowners while
in India. By enhancing our capacity and contributing meaningfully to the city’s development.”
operational readiness, we aim to better Located strategically in Sector 29, RPS Azalea benefits from
serve customers across key segments. exceptional regional connectivity. The site is positioned near
Together with continued execution UER II and is in close proximity to major arteries, including Delhi-
improvements at the branch level, we are Rohtak Expressway, KMP Expressway and KGP Expressway.
well positioned to support our customers’ These links place Delhi, Gurugram, and the Kharkhoda IMT Maruti
needs and participate in India’s long term hub within an approximate 20-minute drive. Accessibility is further
economic development.” bolstered by the recently approved Railway Overbridge (ROB)
TK Elevator is a provider of elevators, escalators, and moving on the Sankhol–Barahi Road, which will streamline movement
walk solutions, delivering mobility systems that support urban to the wider city. This rapidly evolving infrastructure positions the
development. development within one of Bahadurgarh’s most promising growth
With a local manufacturing footprint and a nationwide service corridors, making it an attractive choice for both homebuyers
network, TKE continues to contribute to India’s urbanization and and investors. With RERA certification now in place, RPS Azalea
infrastructure development through a focus on innovation, quality invites discerning investors and homebuyers to be part of
and customer centric solutions. Bahadurgarh’s ongoing transformation.
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