Supertech to invest RS 750 crore

     Written by : SMTV24x7 | Mon, Jun 19, 2017, 07:11 PM

Supertech to invest RS 750 crore

New Delhi, 19 :19: A good news for real estate sector. India's leading real estate developer Supertech Ltd has said that it would invest Rs. 750 crore. The amount would be used to develop 25 lakh square feet area in retail and commercial segment located across Delhi and NCR.

Supertech Ltd director Mohit Arora said that "retail segment in the country is gaining momentum and we are taking steps to capitalize the opportunity by expanding the retail footprint in Delhi NCR region".

The company has also appointed Vijay Kapoor as CEO of the Retail and Commercial segment. Company said that Kapoor's 25 years of experience in working with PVR, Eros would help us to expand our retail business segment. Finally, the company hopes that latest investment will bring more revenues and increases commercial values of buildings.