Realty developer Migsun Group will invest ₹500 crore in a residential and commercial project in Lucknow. MD of Migsun Group, Yash Miglani, informed that the project is located next to Medanta Hospital and will have about 1000 units, and the commercial project near Shaheed Path will cover an area of 4 lakh sq ft. The demand for quality projects in Lucknow is huge as the company is aggressively working towards providing a wholesome lifestyle to the people. With the sector recovering at a fast pace and the builder must maintain a positive sentiment about the industry. Migsun has announced the acquisition of HDFC and Ansal's stake in Ansal IT City Park (SEZ) Tech Zone, Greater Noida, where it will develop the 37.5-acre mixed-use project with Commercial, IT, and industrial clusters. The Group will hand-over 4,000 apartments and commercial properties in six projects in the next one year.
📅Published on:
26 February 2021
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