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Migsun group to invest Rs 4,500 crore in three stuck projects
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“We are going to develop the projects under the JV and DM model. In the residential segment, we will take up township and group housing projects,” said Yash Miglani, MD, Migsun Group.
The project will have 50 per cent IT/ITeS offices, 15 per cent industrial, and 15 per cent commercial.
Realty developer Migsun is in talks to acquire three stress projects in NCR with the development potential of 30 million sq ft, a senior executive said.
The group will invest Rs 4,500 crore over the period of five years in the construction and will form a JV with the existing owner.