Bhutani Infra To Invest Rs 5,000 Crore In Noida Project
Commercial Real Estate builder Bhutani Infra is set to invest Rs 5,000 crore in the upcoming projects to be set up at Noida. The company is developing 16 million square feet of Grade A office space in the next 3 years. At present, the company is developing 3 projects namely - Alphathum, Grandthum, and Cyberthum in Noida. These projects are at various stages of construction.
So, for the company has delivered 5 million square feet and looks to retain 30% of the portfolios. The company might come up with REIT later. Located in Sector 90, Noida Bhutani Alphathum would be delivered in March next year.Â