Mahagun Group to develop Retail Park of worth 600 crores after the initiation of Jewar Airport Project

mahagun-marina-walk

Supported by the amazing progressions related to the Jewar international Airport, major real estate entity Mahagun Group has launched its exclusive commercial endeavor named Mahagun Marina walk at Greater Noida West. The retail project will consist of a shopping mall, multiplex, hotel, and office spaces which would be carried out with an investment of over Rs 600 crores. Mahagun Group is projecting to sell around 4.3 lac sqft area of the undertaking and preserve the balance between them.

According to Amit Jain, director of Mahagun Group, considering the fast growing populace and townships in the Greater Noida West due to the Jewar Airport Project, the requirement of retail and shopping is rapidly increasing. It is the most suitable time for a development like Marina Walk and by the time it would be completed, the area’s population would be at an all-time high, he further added.

Delving more into this latest advancement, Amit Jain said, “Greater Noida West is emerging as the center point of residential and commercial developments with the widening of NH 24 and the presence of FNG Expressway besides the proposed metro station which is going to run real soon. With Jewar Airport Project’s progression gaining pace, this development in the coming years will ensure the immense growth of areas like Noida and Greater Noida, he concluded. Mahagun Marina Walk will be advanced over an area of 18,694 sq. meters and will cover a built-up area of 1.16 million sq. feet.

This latest commercial endeavor will relish of larger spaces like 14 screen superplex food court, anchor stores, and hyper store & entertainment areas. The hotel will be spread over an area of 2.33 lac sqft, comprising of more than 250 keys while the office block consists of 150 units of office spaces accumulated in different sizes and would be completed by the year 2023.