IKEA Looks to Buy Additional 20 Acres Land Parcel in Gurugram

Global furniture giant IKEA is believed to have sought additional land from Huda for the store it plans to open in the city. Sources in Huda said Ikea is interested in a plot of 20.46 acres, more than double the size of the plot that the company had earlier bought. Last year, IKEA, the multinational company founded in Sweden, purchased 9.83 acres in Sector 47 for Rs 842 crore through an e-auction,...

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