News
GBP plans multiple projects in Punjab


Tricity’s developer GBP Group has plans to deliver 20 lakh sq ft residential and 10 lakh sq ft commercial projects by 2022. The total investment in all the projects would be around Rs 1,600 crore, said a press release.
The Group, it said, has a futuristic project in the commercial segment called Centrum that will become Tricity’s third-largest commercial space. Slated for completion by December 2022, it offers a wide range of inventory in retail shops, multiplex, Soho, Office spaces, studio, hotels, banquet halls and food courts.
The Group has also ventured into providing residential plots at GBP Smart City in Mohali. The cost of this project is Rs 100 crore and it will be funded through promoter funding and bank loan. The plots, said the release, are close to Airport Chowk, the epicentre of bustling activities
Overall, the Group is planning to launch five new projects this year, two commercial and three residential, in areas like Peer Muchalla, Airport Road, New Chandigarh, Derabassi, and Mohali Extension.
-
Tech Take4 weeks ago
IoT and M2M: How the two techs differ
-
News4 weeks ago
Happiest Minds purchases 2.4 lakh sq ft office space in Bengaluru
-
New Launches4 weeks ago
L&T Realty signs up for three projects worth $ 1 bn in prime locations of MMR
-
News4 weeks ago
125 new project registration applications in UP RERA during the period of Jan-June’22
-
News4 weeks ago
Delhi RERA Chairman alerts realty sector on stronger scrutiny & punitive action on projects defying RERA registrations
-
New Launches4 weeks ago
Pune Airport’s new Retail and Coworking Centre set to launch on October 15, 2022
-
Tech Take4 weeks ago
What you must know about smart cities, IoT
-
Tech Take4 weeks ago
Benefits of remote monitoring using IoT