Maasters Infra Group’s First Commercial Project in Noida
Maasters Infra Group, instituted by seasoned professionals and under the patronage of five-decade-old infra company K. R. A. Engineers & Contractors, announced their first commercial project Maasters Capitol Avenue spread over 5 acres in Sector 62, Noida. To be developed in a single--phase, the project will have office space and retail; the project's total area would be 10,00,000 sq ft to be completed in 42 to 45 months with an investment of around Rs 250 crore. The investment would be through internal accrual, and the total sales realization from the project is between Rs 600 crore to Rs 750 crore. “The focus of the Uttar Pradesh Government is on making Noida the biggest IT & Manufacturing hub in Northern India. The infrastructural development attests to the plans; work on the airport, Film City, and DMRC corridor will further improve the commercial real estate viability in Noida. The city enjoys good infrastructure and connectivity and is becoming the favorite of the corporate world due to the availability of low rentals compared to other neighboring cities,” said Nikhil Anand, Director, Maasters Infra Group. The units in the project are priced between Rs 30 lakh to Rs 2 crore. The project's unique design with big Corridors gels well with the idea of a world-class commercial unit people are looking for. The environment friendly project will also have high street retail and other facilities like food court, roof top club, gymnasium and conventional centre.
Tags : News/Views Noida commercial project Uttar Pradesh government Maasters Infra Group K.R.A. Engineers & Contractors Northern India