News
Saya Group Aims to Deliver 4.25 Lakh sq ft Retail Spaces in 2024
Noida, January 18, 2024: Saya Group, is gearing up to deliver 4.25 lakh sq feet of retail spaces in Greater Noida West by the end of 2024. A press release issued by the company says that, it is also developing 2.5 lakh sq. feet of studio apartments, scheduled for delivery within the next two years. Currently, Saya Group is constructing two retail projects, Saya South X in Greater Noida West and Saya Piazza in Noida.
Saya Group has also announced strategic partnerships with renowned brands for its high street project, Saya South X. The lineup includes names like Cinepolis, Gwalia, Flying Dutchman Bata, and Black Coffee, among others. Notably, Cinepolis is set to introduce a 5-screen multiplex with a seating capacity exceeding 900 persons in Saya South X.
“We intend to redefine the retail landscape in Greater Noida West. These developments not only mark a significant milestone for us but also underscore our role in shaping the commercial and residential landscape of the National Capital Region. Saya Group looks forward to the continued success of the Saya South X project, marking a significant milestone in its legacy of delivering excellence in the real estate sector,” said Vikas Bhasin, Chairman and Managing Director Saya Group.
Saya South X, with a combined leasing area of 6.75 lakh sqft (4.25. lakh sq ft for retail and 2.5 lakh sq ft for studios), will house a total of 818 stores. Located in Greater Noida West, the retail area is expected to become operational in the next 6 to 8 months, while possession of the studio apartments is slated for completion within two years.
Saya Piazza, located in Sector 131, Noida, offers a leasable area of 2.25 lakh sq ft, comprising 110 stores. A golf-course facing project surrounded by HNI families and IT hubs, Saya Piazza’s catchment area is estimated to be around 50,000. The land is fully paid up, and operations are expected to commence from December 2024.
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