Real Estate giant Eros Group to invest Rs 200Cr in Greater Noida

Real estate giant EROS Group announced the Launch of 6 more towers (2BHK and 3BHK) at its ongoing project Sampoornam.

The towers, comprising 378 units and 14000 sq. meters in area, would be completed by early 2025. The total sales value of these towers will be around Rs 200 crore. An additional investment of Rs. 25 crores will be done by the group for the launch of a community center in Sampoornam called “DOME”, the company said in its statement.

Avneesh Sood Director – Eros Group, while speaking on the occasion said
, “We are delighted to announce the launch of our 6 new towers with a sale value of around Rs 200 crore. Project’s worth over Rs. 8000 crores are in pipeline. This project is intended to bring the best from international living to the buyers with a blend of retail experiences, green open spaces, and premium lifestyle amenities on offer, in addition to excellent connectivity options. Greater Noida has already emerged as the new city center and Sampoornam will make it the perfect address for world-class living. We have also brought together some of the finest architects and designers from around the world with the goal of creating a haven of luxury in the heart of Delhi NCR.”

“Last to Last year the Group has announced the launch of the second phase of the project, Sampoornam I for Rs. 125 crores with 258 Units out of which Eros Group has handed over the possession of 200 units to buyers. The total sales value of these 200 units is around Rs. 125 crores. Eros Group has been around for more than 70 years, and we have a legacy of providing the highest quality and excellence in our products,” Sood concluded.

Recently Eros Group has also invested an additional Rs. 155 crores to buy James Hotel in Chandigarh (Sec 17) which will be soon operational in the name of Hyatt Centric. Eros Group has two hotels – Shangri-La’s Eros in central Delhi and Eros Radisson Blu Hotel in Faridabad, Haryana. It also runs Vishal Cineplex in West Delhi.

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News Desk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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