Smartworld Developers expect sales worth Rs 2.5 bn from retail project

17 Nov 2022 CW Team

The 100,000 sq ft Smartworld Orchard Street complex, developed by Smartworld Developers, opened in Gurugram. The project is expected to bring in a top line of Rs 2.5 billion for the corporation.

Unit sizes in the three-story project range from 500 sq ft to 12,000 sq ft.

The company also leased 15,000 sq ft of space on the third floor to Big Fish Ventures for food and beverage outlets on the first day.

Big Fish Ventures, a hospitality company based in Delhi, manages well-known dining establishments like The Junkyard Cafe, Key Night Club, GaramDharam, and Local.

At Sector 61, Golf Course Road (Extn), Smartworld Orchard Street is flanked by a number of residential developments and an IT Special Economic Zone (SEZ) with a catchment of about 200,000 people.

The facility will immediately serve more than 8,000 people because it is so close to Smartworld's residential development.

Recently, Smartworld Developers revealed that MotilalOswal had invested Rs 2.5 billion in the company. The money will be used as expansion capital.

Also read:
TSF and Odisha partner up for Jaga Mission
The intelligent Net Zero design to generate 30 per cent surplus

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..