Bhutani Infra Acquires Logix City Center

15 Nov 2024 CW Team

Bhutani Infra has successfully acquired Logix City Center in Noida for approximately Rs 1,000 crore, marking a significant expansion in its real estate portfolio. The acquisition includes both commercial office spaces and retail properties, further enhancing Bhutani Infra’s presence in the rapidly growing Noida real estate market.

Logix City Center, located in Sector 32 of Noida, is one of the prominent commercial hubs in the region, housing several multinational companies, retail outlets, and office spaces. With this strategic acquisition, Bhutani Infra aims to capitalize on the growing demand for premium commercial and retail spaces in the National Capital Region (NCR), which has witnessed a surge in investments and development activity in recent years.

The acquisition deal is expected to strengthen Bhutani Infra’s position in the commercial real estate sector, particularly in Noida, a key business and IT hub. Bhutani Infra plans to enhance the facilities and tenant experience at Logix City Center, aligning it with the company’s portfolio of modern and technologically advanced commercial properties.

The move also positions Bhutani Infra to benefit from the increasing demand for high-quality office spaces, as businesses continue to expand in the NCR region. Additionally, the acquisition is expected to generate strong rental income and long-term capital appreciation, providing a solid return on investment.

This acquisition is part of Bhutani Infra’s ongoing strategy to diversify its investments and strengthen its foothold in the competitive commercial real estate market in India.

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