Orris Infrastructure to invest Rs 150 crore on Gurgaon commercial project

NEW DELHI: Realty firm Orris Infrastructure on Monday said it will invest Rs 150 crore to develop a commercial project in Gurgaon.

The company will develop 2.5 lakh sq ft of retail space and about 200 studio apartments in this 4-acre project ‘Market City’.

“This will be our second commercial project. We have already delivered a 7 lakh sq ft office-cum-retail project in Gurgaon,” Orris Infrastructure MD Amit Gupta said.

Asked about investment, he said the project cost is around Rs 150 crore including land over the next 4 years.

Gupta said the company is currently developing one housing and two township projects in Delhi-NCR.

The company, having a land bank of 1,500 acres, has tied up with two realty firms Lotus Greens and The 3C Company to develop two projects.

(source by:-The Economic Times )

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