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

Dash Square Adds Ashley Study Furniture

Dash Square has expanded its furniture portfolio with a curated study furniture collection from Ashley Furniture Homestore. The range is designed for contemporary homes where work, study and creative activities increasingly require dedicated and well-planned spaces.The collection includes writing desks, executive workstations, storage-led study units and display shelving. It combines practicality, comfort and design to create workspaces that are functional as well as visually appealing.One setting features a light-toned desk with coordinated bookcases and storage cabinets, creating a bright an..

Next Story
Real Estate

Suraj Estate Arm Acquires Mahim Land Rights

Suraj Estate Developers, through its wholly owned subsidiary Iconic Property Developers, has signed an MoU to acquire development rights for a land parcel in Mahim (West), Mumbai, for Rs 75 crore. The plot measures around 2,941 sq m and is located next to the company’s ongoing commercial project, Suraj One Business Bay.After amalgamation with the existing commercial development, the land is expected to generate additional saleable carpet area of around 1.50 lakh sq ft, with an estimated gross development value of Rs 800 crore. The project is expected to strengthen the company’s near-to-med..

Next Story
Infrastructure Urban

AGNI Launches Industry Benchmarking Drive

The Association of Global NICMARians (AGNI), the alumni body of NICMAR, hosted ASPIRE 2026 in Mumbai under the theme ‘Innovation to Transformation’. The symposium brought together professionals from construction, infrastructure, real estate and project management to discuss technology, AI, sustainability and data-led decision-making.At the event, AGNI announced its vision to emerge as an industry think tank and launched initiatives including an Industry Benchmarking Programme. It also proposed a digital ecosystem with tools for innovation impact assessment, salary benchmarking, company ben..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement