Announcement
On 20 August 2026, HP Global issued a press release announcing the launch of Amrit Aarogyam Phase‑II in Haridwar, marking its entry into the city’s premium residential market with an estimated investment of approximately Rs 100 crore.
Project Details
The Phase‑II development will occupy about 2.5 lakh sq ft of land and will comprise 200 residential units across various configurations. Units are priced at Rs 6,000 per sq ft, positioning the offering competitively within Haridwar’s evolving housing landscape. Funding for the project will come from a mix of investor participation and internal accruals, and construction is slated for completion within 18 months from the launch date.
Market Positioning & Target Buyers
HP Global describes the project as a spiritual and wellness‑focused sanctuary, targeting buyers such as retirees, NRIs, and second‑home purchasers who seek proximity to the Ganga River and the Patanjali Yogpeeth ecosystem. Planned amenities include a swimming pool, yoga and meditation spaces, a dedicated temple, senior‑citizen zones, and landscaped green surroundings. The site benefits from its location along the Delhi‑Haridwar Expressway and near the banks of the Ganga, reinforcing its appeal to wellness‑oriented buyers.
Expansion Plans
The company indicated that the Haridwar launch is part of a broader strategy to develop a portfolio of spiritually‑aligned residential projects across Uttarakhand. It disclosed that land acquisition activities are already underway in Rishikesh, signalling a next phase of expansion within the state’s “spiritual belt.”
Company Background & Quote
Founder & CEO Dr Annkit A Jayant stated, “With Amrit Aarogyam Phase‑II, we are not just building homes — we are creating a sanctuary for those who seek balance, wellness, and a deeper connection to spirituality in their everyday lives.” He added that Haridwar’s status as a spiritual and yogic hub, combined with rising buyer interest in tier‑2 wellness destinations, makes the market “the right market for us to enter and grow in.”
Phase‑I Success Reference
The announcement references the successful delivery of Amrit Aarogyam Phase‑I, which has already established a thriving resident community, thereby providing confidence in the viability of the Phase‑II project.
Disclaimer
The press release is provided under an arrangement with NRDPL, and PTI takes no editorial responsibility for its content.