Dedicated locality research platform
Dedicated locality research platform
Enter your email address and you will receive
a link to reset your password
CRC Group, a real estate developer located in Noida, disclosed that it would invest Rs 810 crore to build a commercial property in the area. The corporation will invest the money through its Special Purpose Vehicle, IT Infrastructure Park Pt Ltd, in order to build a 22-lakh square foot integrated IT/ITES commercial project in Noida that meets worldwide standards.
The project, which has the potential to create 9,000 jobs, has already been authorized by the Uttar Pradesh government under the Invest UP programme, according to a memorandum of understanding (MoU) signed by the Noida-based company. Kunal Bhalla, the company’s founder and CEO confirmed the purchase to reports at Moneycontrol.com.
The company intends to build over 12 lakh square feet of office space, 3 lakh square feet of retail space, and one lakh square feet (102 units) of service apartments as part of the project. About 30% of the project would be sold by the corporation, with the remaining percentage being leased.
With this investment the company hopes to strengthen its status as one of the state's top real estate developers, offering world-class infrastructural solutions to suit its needs while creating employment opportunities. The business also has projects in Greater Noida Tech Zone 4 and Noida.
CRC Developers is a real estate company based in Noida, India. It is known for developing residential and commercial properties in the National Capital Region (NCR) of India. The company has a reputation for delivering quality construction, timely delivery and innovative designs. Over the years, it has completed several projects in Noida and has earned a strong customer base due to its commitment to customer satisfaction.
CRC Developers focuses on delivering a complete lifestyle experience to its customers, and its projects often feature amenities such as parks, play areas, community halls, and more. The company's goal is to create self-sufficient communities that provide all the necessary services and facilities to residents.
In conclusion, if you're looking to buy property in the Noida region and want to consider the options provided by CRC Developers, we recommend visiting their website or contacting their sales team to learn more about their current and upcoming projects.
Propscience is India’s dedicated property news portal. We cover the latest events, news, trends, deals, new launches and more.
All our services and tools are completely free of cost and available 24X7!
