Migsun Group plans ₹706-cr commercial project in Delhi

The Migsun Group has announced an investment of ₹706 crore for the development of a nine-acre high-street commercial project in Rohini's Sector-22, New Delhi. The project will cover a built-up area of 6.3 acres and is expected to be completed within three years. The Managing Director, Yash Miglani, also stated that the company is considering purchasing additional Floor Area Ratio (FAR) to cater to future demand.

This strategic acquisition will allow the Migsun Group to strengthen its presence in North Delhi as Rohini is one of the rapidly growing commercial real estate markets in Delhi-NCR. The company has a vast portfolio that includes affordable housing, premium, and commercial projects in Delhi, Ghaziabad, Noida, and Greater Noida. With more than 40 successful projects in Delhi-NCR and the development of over 20 million sq ft of land in various locations, the Migsun Group has established itself as a leading developer in the region. However, most of its commercial projects are currently based in Ghaziabad and Greater Noida.

The Migsun Group has expanded its reach by launching retail and residential projects in tier-2 cities. With this new investment, the company is expected to further strengthen its position as a key player in the Indian real estate market.