CRC Group to Develop a 24-Lakh Sq Ft IT/ ITES Project with Expected Revenue of 1200 crore

    Date:

    Share post:

    CRC Group, a major realty player, has announced that it is developing a commercial project with an expected revenue of Rs. 1200 crores. The project is located in sector 140 A, Noida.

    CRC Group, a major realty player headquartered in Noida (UP), has announced its much-awaited commercial with intelligent office spaces, CRC Flagship in sector 140, Noida (UP). The expected revenue of the project is Rs. 1200 crores.

    Spanning a total of 24 lakh square feet area, CRC Flagship comprises 12 lakh square feet of contemporary office spaces, 4 lakh square feet of premium retail outlets, 102 units serviced apartments, and an extensive 7 lakh square feet dedicated to various essential services. The retail segment will offer an exquisite blend of high-street and air-conditioned shopping experiences, including a food court, prominent anchor shops, and vanilla shops on the leasing model. It will be one of its kind in Noida and Greater Noida.

    “Noida is emerging as the next corporate hub of NCR due to its proximity to Noida International  Airport and the emergence of Yamuna Expressway as an industrial hub. As a result, we expect a phenomenal increase in the rental value of the city. Keeping in with growth projections, CRC Flagship has been designed to be future-ready. It is scalable as per the emerging needs of the next three decades,” says Salil Kumar, Director, Sales & Marketing at CRC Group

    Designed with sustainable development as a key feature, an area equivalent to the ground coverage of the project has been reserved exclusively for landscape development, reflecting the company’s core principle of “giving back to nature.”

    CRC, at present, is undertaking the construction of projects spread over a total of 72 lakh sq ft area. Besides, the company is also on an ambitious growth trajectory. Pursuing this, it has acquired prime real estate in Greater Noida West, collaborated with Jaypee to construct a high-end, ultra-luxury residential complex with a golf course view, and has plans to develop a mixed-use land parcel exclusively on a lease basis in Noida at Expressway. 

    With the CRC Flagship at the forefront of its endeavours, CRC continues to uphold its commitment to fostering sustainable and groundbreaking real estate developments, contributing significantly to Noida’s dynamic and progressive landscape and Greater Noida.

    Also Read: CRC Group to develop business park in Noida Sector 140A

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Related Posts

    Latest posts

    Ghaziabad Indirapuram Handover: Progress Update and Prospects for End-July Transition

    GHAZIABAD, India — Officials from the Ghaziabad Development Authority (GDA) have hinted at the imminent handover of the...

    Yeida to Implement New Land Allotment Guidelines Following M3M Dispute

    NOIDA, India — The Yamuna Expressway Industrial Development Authority (Yeida) plans to introduce new guidelines for land allotment,...

    Real Estate Sector Pins Hopes on Modi 3.0: Focus on Infra Development and Affordable Housing

    NEW DELHI — The real estate sector is optimistic that Prime Minister Narendra Modi's third term will bring...

    Suraksha Group to Pay YEIDA in Jaypee Infratech Acquisition

    India (June 11, 2024), a Mumbai-based real estate conglomerate — The Suraksha Group has taken control of debt-laden...