Nirala World Plans Rs 10 Billion Mixed Use Duo in Noida
Real Estate

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.

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.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement