BK Modi Group intends to spend $1 billion over the next five years

05 Jan 2023 CW Team

Over the next five years, the company will invest around $1 billion in the market. The organisation will include international investors in the proposed projects as a source of funding.

In collaboration with a developer, the firm is already building a commercial real estate project in Mumbai, and they now have plans to grow this enterprise. Regarding the idea of a private smart city, Modi stated that a mixed-use project will be built in Rampur, Uttar Pradesh.

For this project, it already has a plot of land on which to build apartments, a mall, a hospital, and office space.

In order to reduce the amount of time needed to finish the project by utilising the most recent international technology, the organisation will also establish manufacturing facilities producing AAC blocks and panels, pre-fabricated steel buildings, and glass processing facilities.

With medical office buildings, residences, service apartments, a rehab centre, a quaternary care hospital, and senior care facilities, the project in New Delhi is envisioned to be constructed as a wellness city.

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