📋 Tender Overview
Scope : To Develop High-Street Commercial Project at Sector-21, Mathura Road in Faridabad district of Haryana.
Rajasthan-based developer Bhumika Group is set to mark its entry into the NCR and would launch a high-street commercial project at Sector-21, Mathura Road in Faridabad district of Haryana.
The project will span five acres of prime land, and will include shopping areas along with community-centric spaces. Moreover, the plan allows for two acres of frontage along Mathura Road to ensure accessibility.
The company will develop the project at an estimated cost of Rs 600 crore, with the development to be carried out in a single phase, within a timeframe of four years. The project would deliver on design and scale, bringing in the concept of luxury retail coupled with exceptional food and beverage (F&B) experience.
The financing will comprise a mix of pre-sales, internal cash flows, and institutional investments. The company expects to clock total sales revenue of nearly 1000 crore.
