Logix develops Rs 600-crore project in Noida – Feedback

Realty firm Logix has developed a mixed-use project comprising a 6 lakh sq ft shopping mall in Noida at an investment of Rs 600 crore and expects to earn an annual rental income of about Rs 80 crore.

Noida-based Logix group is also in the process of giving final exit to Bahrain-based TAIB Bank from its Logix Techno Park project for about Rs 102 crore, company’s Chairman and Managing Director Shakti Nath said. “We have come up with a 6 lakh sq ft shopping mall and a 4 lakh sq ft office building in Noida at an investment of about Rs 600 crore,” he said, adding that the mall ‘Logix City Center’ was opened last week. PVR has launched its largest and most premium concept ‘Superplex’ in the mall that would cater to an audience of 1,539 across 15 screens.

http://economictimes.indiatimes.com/industry/services/property-/-cstruction/logix-develops-rs-600-crore-project-in-noidato-earn-rs-80crore-rent-per-year/articleshow/51669251.cms

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *