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.

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