Bhumika Realty Kicks Off Major Project in Faridabad with Rs. 2,200 Crore Investment
Bhumika Realty, a renowned name in real estate with over six decades of history, has kicked off a significant project in Faridabad. The company conducted a Bhoomi Pujan for a new land parcel in Sector 114, marking its long-term commitment to the city's development.
The event was attended by the company's leadership, team members, and channel partners, indicating their dedication to Faridabad's real estate growth. Uddhav Poddar, CMD of Bhumika Group, stated that the Bhoomi Pujan signifies their long-term commitment to the city's development.
Bhumika Realty is scouting land parcels across various sectors of Faridabad for an integrated township project. The company has also signed a Joint Development Agreement (JDA) for a premium mixed-use development. This project includes high-street retail, luxury residences, and hotel suites. The Group has already operationalized a retail hub at NHPC Metro Station under the PPP model, leased to leading national brands.
Siddharth Katyal, CEO of Bhumika Group, expressed the company's vision to create spaces that touch lives and align with the aspirations of modern homebuyers and investors. Bhumika Realty plans to invest over Rs. 2,200 crore in Faridabad as part of its ambitious roadmap.
Bhumika Realty's Bhoomi Pujan in Faridabad signals a significant investment in the city's real estate landscape. With plans to invest over Rs. 2,200 crore and projects ranging from mixed-use developments to integrated townships, the company is set to leave a lasting impact on Faridabad's growth.
Read also:
- National Assembly Eases Transition for Military School Graduates to NDA
- Durabook's Coolfinity Prevents Explosions in Rugged Tablets for Chemical & Pharma
- Burgenland's Massive Vegetation Fire Drill Tests Emergency Services Readiness
- DoH Releases Comprehensive Financial Guidance for Health and Social Care Bodies