Realty firm Migsun group has formed a joint venture with Royal Golf Link City Projects to develop a 103-acre township in Greater Noida and will invest around ₹250 crore to construct the first phase of the project. In the first phase, the company has launched 138 villas, spread over seven acres with 2.5 lakh sq-ft high street retail over two acres.
“The company has already launched the first phase and sold all the villas and retail shops. The construction work has started, and the first phase will be completed in the next three years,” shares Migsun Group’s managing director Yash Miglani.
Recently, Migsun also announced the acquisition of HDFC and Ansal API stake in Ansal IT City Park (SEZ) Tech Zone, Greater Noida, where it will develop the 37.5-acre mixed-use project with commercial, IT, and Industrial space. The company is currently executing 16 projects, both residential and commercial, in various parts of Delhi NCR.