Bhumika group to invest another Rs 450 crore for land acquisition in Faridabad
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Bhumika Group plans to invest Rs 450 crore for land acquisition in Faridabad by March 2027.
- ✓This follows a Rs 550 crore investment made over the past year.
- ✓The company is expanding across residential and mixed-use projects, aiming to push its total land investment in the city beyond Rs 1,000 crore.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Synopsis
Bhumika Realty plans to invest Rs 450 crore in land acquisition in Faridabad by March 2027, taking its cumulative land investment in the city beyond Rs 1,000 crore. The real estate arm of Bhumika Group has invested Rs 550 crore over the past year and is expanding across residential, plotted and mixed-use developments.
New Delhi: Bhumika Realty, the real estate arm of Bhumika Group, plans to invest Rs 450 crore for land acquisition in Faridabad by March 2027, following the investment of Rs 550 crore in the city over the past 12 months.
The company is expanding its presence across residential, plotted and mixed-use developments. As part of this strategy, it has inaugurated a 15,000 sq. ft. Experience Centre at ICON, its flagship mixed-use development on Delhi–Mathura Road, featuring a sample apartment.
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The Economic Times
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