Nirala World Plans Rs 10 Billion Mixed Use Duo in Noida

Real estate developer Nirala World will invest about Rs 10 billion in two mixed use schemes—Nirala Gateway in Sector 12 and Nirala Diadem in Sector 10—both in Greater Noida West. Each project covers roughly 10,600 square metres and will combine retail floors, office space and serviced studio apartments.

Land acquisition is budgeted at around Rs 2 billion per project, while construction is estimated at Rs 3–3.5 billion for each site. More than 500 studio units, priced at about Rs 6.5 million apiece, will be managed by an international operator.

Nirala World is also progressing with Nirala Drive and Nirala Trio in Sector 2, but rising land prices across Noida and Greater Noida are putting pressure on developer margins. To diversify risk and capture demand, the firm is exploring other NCR markets, including Gurugram.

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