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Article: Suncity to invest over Rs 24 bn by '11 in retail, Leisure City.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- January 3, 2008
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Suncity to invest over Rs 24 bn by '11 in retail, Leisure City
New Delhi, Jan 3 (PTI) Real estate developer Suncity Projects today said it would pump in over Rs 24,00 crore to enhance its retail presence by setting up new malls across the country and a leisure destination by 2010-2011.
"By 2011, we are looking at increasing our retail space under malls from 1.4 million square feet to 5 million square feet currently to cater to end-consumers by providing them ideal shopping destination with entertainment," Suncity Projects Director Ankit Goel told PTI.
The company is also developing a 250-acre Leisure City at Greater Noida, with an investment of ...