Bhutani Group Acquires Majority Stake in WTC Noida

24 Jul 2024 CW Team

Bhutani Group has acquired a majority stake in World Trade Center (WTC) Noida through a significant revenue-sharing agreement. This strategic move highlights Bhutani Group's commitment to expanding its presence in the commercial real estate sector and its confidence in the potential of Noida's real estate market.

The deal involves Bhutani Group taking control of a substantial portion of WTC Noida's revenue, solidifying its position as a key player in the high-profile commercial property sector. The transaction is expected to enhance Bhutani Group's portfolio and offer considerable growth opportunities within the bustling Noida business district.

WTC Noida, part of the globally renowned World Trade Center network, is known for its premium office spaces and state-of-the-art facilities, catering to a wide range of multinational and national companies. The property is strategically located to benefit from Noida's rapid urban development and economic growth.

The acquisition aligns with Bhutani Group's broader strategy to invest in prime commercial real estate assets across key locations in India. By securing a majority stake, Bhutani Group aims to leverage its expertise in property management and development to maximise the asset's value and generate substantial returns.

This move is expected to strengthen Bhutani Group?s market position and attract additional investments, further driving the growth of commercial real estate in Noida and contributing to the broader development of the region's business infrastructure.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..