Galaxy Group debuts a Rs 600 million commercial complex in Delhi
Real Estate

Galaxy Group debuts a Rs 600 million commercial complex in Delhi

Galaxy Group has begun construction on a Rs 600 million commercial complex at Chandni Chowk, Delhi. Novelty Street (Galaxy), a new commercial development that would cover 1157 sq m, will provide a high-street retail experience in the alleyways of Chandni Chowk, one of Delhi's oldest and most significant shopping districts.

Novelty Street (Galaxy) will be created in a single phase and have high street main road facing retailers. The project will be completed in the middle of 2024 and will have classical and colonial-era architectural features. The project will be unique to Chandni Chowk.

Additional amenities will be offered, including lifts, hygienic restrooms, CCTV surveillance, and strong security measures.

It is a three-sided open plot with excellent access to Chandni Chowk's main areas, which sees daily foot traffic of 4-6 lakh people from both the local and international community. The project has state-of-the-art amenities that will serve the residents of heavily packed Chandni Chowk and the surrounding areas while also introducing a workable modern business establishment to the neighbourhood.

Also read:
Jal Board develops tech to clean sewage water
Three more airports in Jharkhand after Deoghar


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Galaxy Group has begun construction on a Rs 600 million commercial complex at Chandni Chowk, Delhi. Novelty Street (Galaxy), a new commercial development that would cover 1157 sq m, will provide a high-street retail experience in the alleyways of Chandni Chowk, one of Delhi's oldest and most significant shopping districts. Novelty Street (Galaxy) will be created in a single phase and have high street main road facing retailers. The project will be completed in the middle of 2024 and will have classical and colonial-era architectural features. The project will be unique to Chandni Chowk. Additional amenities will be offered, including lifts, hygienic restrooms, CCTV surveillance, and strong security measures. It is a three-sided open plot with excellent access to Chandni Chowk's main areas, which sees daily foot traffic of 4-6 lakh people from both the local and international community. The project has state-of-the-art amenities that will serve the residents of heavily packed Chandni Chowk and the surrounding areas while also introducing a workable modern business establishment to the neighbourhood. Also read: Jal Board develops tech to clean sewage waterThree more airports in Jharkhand after Deoghar

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement