NEW DELHI (INDIA): Realty firm Orris Infrastructure on Monday said it will invest Rs 150 crore to develop a commercial project in Gurgaon.
The company will develop 2.5 lakh sq ft of retail space and about 200 studio apartments in this 4-acre project ‘Market City’.
“This will be our second commercial project. We have already delivered a 7 lakh sq ft office-cum-retail project in Gurgaon,” Orris Infrastructure MD Amit Gupta said.
Asked about investment, he said the project cost is around Rs 150 crore including land over the next 4 years.
Gupta said the company is currently developing one housing and two township projects in Delhi-NCR.
The company, having a land bank of 1,500 acres, has tied up with two realty firms Lotus Greens and The 3C Company to develop two projects.
Source: Press Trust of India