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Sundream Group, a leading Noida-based real estate developer, has announced a significant investment plan for its flagship commercial project, Anthurium Business Park. This INR 250 crore investment will fuel the construction of the project's second phase, adding to the INR 250 crore already invested in the first phase. This brings the total project cost to an estimated INR 522 crore.
While details of Sundream Group's past projects haven't been made public in this announcement, the substantial investment in Anthurium Business Park suggests the company has a history of successful development ventures. Real estate developers typically build a portfolio of projects over time, and a significant investment like this often indicates prior experience and financial stability.
Located in Sector 73, Anthurium Business Park is designed to cater to the needs of modern businesses. The park offers luxurious office spaces exceeding 1,052,000 square feet spread across two towers on a total plot area of over 20,000 square meters. These office spaces are equipped with state-of-the-art AI-ready technology, ideal for the next generation of tech-savvy workforces. Additionally, the project boasts high-end retail spaces, promoting a healthy work-life balance for employees.
This expansion of Anthurium Business Park is a positive development for Noida's commercial real estate landscape. The project is expected to attract leading businesses seeking modern, tech-enabled workspaces, potentially creating thousands of new jobs in the area. Additionally, the high-end retail component will create new shopping and dining options for the area, further boosting the local economy.
Noida, a city on the outskirts of Delhi, has seen significant growth in recent years due to its proximity to the capital and its focus on developing IT and commercial infrastructure. Anthurium Business Park's expansion aligns with this growth trajectory, providing much-needed office space and amenities for businesses looking to establish themselves in Noida.
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