Migsun to invest Rs 4,000 crores in Uttar Pradesh
Real estate developer Migsun Group has plans to invest Rs 4,000 crores in the next three years in tier-II cities in Uttar Pradesh. The firm plans retail expansion and is shifting to a full-lease ownership model for upcoming retail developments to generate rental income.
This plan will cover Lucknow, Agra, Varanasi, and Kanpur. Further in Ghaziabad, the firm's first fully leased mall at Rajnagar Extension is set to open later this year. The firm is developing seven projects across Ghaziabad, Rohini, Greater Noida, Yamuna Expressway, Lucknow, and Agra.
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