Entertainment city promoters consider selling Noida land

22 Sep 2022 CW Team

Entertainment City's promoters are in talks to sell the entire 147-acre development for about $20 billion. Entertainment City is the company behind Noida's The Great India Place, Gardens Galleria Mall, Worlds of Wonder amusement park, and Kidzania. The Appughar and Unitech organisations are promoting Entertainment City, and there is undeveloped land that the next owners can develop. The area, which has a development potential of about 1.7 million square feet, can be transformed from its current usage to that of a residential or commercial building by the future owner. It is a prominent position in the NCR, and some foreign investors have already expressed interest.

Also read:
Maha govt no longer needs to approve Mhada redevelopment projects
Godrej records Rs 12.1 bn sales for two new buildings in Mumbai

Infrastructure Urban

22 May 2025

Amit Shah Launches Rs 7.08 Bn Projects in Gandhinagar

Union 亚博体育官网首页 Minister Amit Shah is set to inaugurate and lay the foundation stone for multiple people-focused development projects worth Rs 7.08 billion in Gandhinagar today. These projects fall under the jurisdiction of the Gandhinagar Municipal Corporation, the Gandhinagar Urban Development Authority (GUDA), and the district administration.As part of his engagements, Shah will inaugurate a new Primary Health Centre in Vavol, a critical underbridge connecting Sectors 21 and 22, a Primary Health Centre in Pethapur, and the rejuvenated Kolvada Lake near the ONGC well in Kolwada.In the evening, th..

Real Estate

22 May 2025

Keystone Sets Rs 40 Bn Sales Target for FY26

Keystone Realtors Ltd, the Mumbai-based real estate firm operating under the Rustomjee brand, aims to achieve housing sales worth Rs 40 billion in the current financial year, marking a 32 per cent year-on-year growth. This target reflects continued robust demand for quality residential properties, especially from established developers, according to Chairman and Managing Director Boman Irani.In an interview with PTI, Irani stated that the company surpassed its guidance for FY25, recording pre-sales of Rs 30.28 billion, a 34 per cent increase from the previous year. "We have achieved steady and..

Infrastructure Transport

22 May 2025

GreenCell Wins Order for 1,200+ Electric Buses

GreenCell Mobility has secured an order for over 1,200 electric buses from Convergence Energy Services Limited (CESL) under the PM E-Bus Sewa Scheme, as announced on 14 May 2025. The contract includes 472 Eicher electric buses for Madhya Pradesh and 750 buses from Pinnacle Mobility Solutions for Andhra Pradesh.These zero-emission buses will be deployed across six cities in Madhya Pradesh and 11 in Andhra Pradesh. GreenCell has partnered with VE Commercial Vehicles (VECV) for the Madhya Pradesh segment and with Pinnacle Mobility Solutions (EKA Mobility) for Andhra Pradesh.Devendra Chawla, Manag..