Trehan Iris to Invest Rs 360 Cr in Greater Noida Commercial Project
Trehan Iris, a real estate developer, will invest Rs 360 crore in Greater Noida to create a commercial complex that will include retail and office facilities as well as a 100-room hotel. The company has begun work on the project 'Iris Broadway- Greno West,' which spans 3.4 acres. Trehan Iris said in a statement that the overall project cost, including land costs, is Rs 360 crore.
Abhishek Trehan, Executive Director, Trehan Iris said, “Spread across a 1 million square feet area, the mall is articulated with in-depth retail zoning and layout based on a lease-based model. We will deliver the retail in three years from now and its office and hotel part will be delivered in next one and half years.”
This mixed-use development will also have a 100-room boutique hotel. Aman Trehan, Executive Director, Trehan Iris said, “We are targeting about 1,000 retail points at this upcoming project and foresee about 25,000-35,000 footfalls on weekends and about 15,000 on weekdays at Iris Broadway – Greno West once operational.” Trehan Iris has over six decades of experience in the construction field. It has delivered 15 million square feet area across 100+ projects in Delhi-NCR. This includes prestigious projects for CPWD, DDA, and PWD across Delhi-NCR
Tags : Trehan Iris Invest Rs 360 Cr Greater Noida Commercial Project Abhishek Trehan Executive Director Trehan Iris