Wednesday, February 5, 2025
HomeReal EstateNirala World buys 2.5 acre land in Greater Noida for Rs 175-Cr

Nirala World buys 2.5 acre land in Greater Noida for Rs 175-Cr

Nirala World, a real estate firm, has secured 2.5 acres in Greater Noida for an 8 lakh square feet commercial development. Acquired through a GNIDA auction, this move highlights the company’s strategy to strengthen its presence in Delhi-NCR and explore new markets such as Gurugram.

Nirala World, a prominent real estate company, is taking strategic steps to address the growing demand for office and retail spaces in Greater Noida. The firm recently acquired a 2.5-acre plot to develop an extensive 8 lakh square feet commercial project.

The land, purchased for ₹175 crores through a competitive auction by the Greater Noida Industrial Development Authority (GNIDA), represents Nirala World’s second commercial endeavour in the region.

Suresh Garg, Chairman and Managing Director of Nirala World, shared that the project will include diverse facilities such as retail outlets, a high street, a food court, a multiplex, and office spaces. The company also plans to expand further within Delhi-NCR and enter the commercial and residential markets in Gurugram.

With its latest acquisition and ambitious plans, Nirala World is positioning itself as a key player in the rapidly growing commercial real estate sector of Greater Noida. By catering to the rising demand for modern office and retail spaces and exploring new markets like Gurugram, the company aims to strengthen its presence in Delhi-NCR and drive its vision of delivering state-of-the-art developments in India’s real estate landscape.

Subscribe To Newsletter

ICYMI

BRL Editor
BRL Editorhttps://businessreviewlive.com
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.