New Launches
Migsun Group plans to invest Rs 700 crores in developing SEZ in Greater Noida


Delhi NCR: Realty developer Migsun Group announced that it will invest about Rs 700 crore in a Special Economic Zone (SEZ) by developing warehousing, a data centre and IT space in Greater Noida. The development will be 4 million square feet.
The Migsun acquired the SEZ by taking Ansal’s stake in the Ansal IT City Park (SEZ) Tech Zone and bought a 37% stake of HDFC for Rs 50 crores.
The development of a 37.5-acre mixed-use project which will have built-to-suit commercial, IT, and industrial units, is also in the planning stages.


“We have completed the master planning of the project and will start the construction soon. There will be 10 lakh (1 million) sq ft of warehousing, 16 lakh sq ft of data centre and about 18 lakh sq ft of IT office space spread across six towers,” said Yash Miglani, Managing Director, Migsun.
In the NCR region, Migsun Group is developing 16 projects across residential and commercial verticals.
“We are in talks with leading players for warehouse leasing. We will keep the rental at Rs 20 per sq ft across categories, be it office or data centre,” Miglani said.
The 700 crores worth project will provide 50% IT/ITeS offices and commercial and industrial space of 15% each.
-
News1 week ago
Prateek Group Demands High-Level Inquiry Against Another Developer for Illegal Diversion, Blockage of Drainage Path
-
Guest Column1 week ago
War’s Effects on Indian Real Estate When Conflict Meets Concrete
-
News2 weeks ago
DLF’s 116-Acre Integrated Township Takes Shape in Gurugram
-
News4 weeks ago
Exploring the Surge in Luxury Residential Demand Along Dwarka Expressway
-
News4 weeks ago
Spectrum@Metro Mall Conducts Mock Drill as Part of Emergency Response Readiness
-
News2 weeks ago
Rishab Rikhiram Sharma’s Sitar at Omaxe New Chandigarh, Downtown, Moves Audience
-
Guest Column3 weeks ago
Yamuna Expressway: Catalysing Growth in Noida and Greater Noida’s Real Estate Landscape
-
News1 week ago
Della Resorts, Hiranandani Communities, Krisala Developers Team up for a ₹1,100 crore Themed Mega Township in Pune