Sunshine Group Announces 1M sq. ft. 'Mixed-Use' Real Estate Development in Noida's Downtown Sector 94
In times like these, when the world is still reeling from the crisis, some industrialists have made it a personal initiative to uplift the economy. As a result, Sunshine Group, a leading real estate developer, with presence in the education & retail sector, announced the development of a "mixed-use" property in Downtown Noida, Sector 94, which is almost 0 km from Delhi.
For people yet unfamiliar with the "mixed-use" concept, Mr. Laksh Yadav, Director, Sunshine Group, explained, "Mixed use property signifies development of retail, commercial, hotel and luxury residential units with a well-planned infrastructure in place. Right now, most development projects in India are staggered - residential properties, universities, malls, or hospitals, are all located in different clusters. With this project, we aspire to bridge the gap and offer added convenience to our esteemed customers."
"Mixed-use" developments tend to be more insulated from economic volatility. Mixed-use developments naturally create a diversified revenue stream for developers. That's aided by the longer-term leases developers can secure from commercial tenants. This combines to provide greater financial stability over time.
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Sunshine Group views this project as an opportunity to provide employment to migrant workers reeling from lack of jobs and the crisis. Post-development, this project will be a landmark in Noida.
"Sunshine Group views this project as an opportunity to provide employment to migrant workers reeling from lack of jobs and the crisis. Post-development, this project will be a landmark in Noida," says Harender Kumar Yadav, Chairman Sunshine Group.
Not just real estate, Sunshine Group has
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Mr. Laksh Yadav, Director, Sunshine Group
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"Mixed-use" developments tend to be more insulated from economic volatility. Mixed-use developments naturally create a diversified revenue stream for developers. That's aided by the longer-term leases developers can secure from commercial tenants. This combines to provide greater financial stability over time.
.
Sunshine Group views this project as an opportunity to provide employment to migrant workers reeling from lack of jobs and the crisis. Post-development, this project will be a landmark in Noida.
"Sunshine Group views this project as an opportunity to provide employment to migrant workers reeling from lack of jobs and the crisis. Post-development, this project will be a landmark in Noida," says Harender Kumar Yadav, Chairman Sunshine Group.
Not just real estate, Sunshine Group has
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Pioneered rapid development across retail and FMCG sector the nation.
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Acquired majority stake in the brand "Cocoberry" which leads frozen yogurt market in India from one of the former Director of Lehman Brother Corp.
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Partnered with a Japanese lifestyle brand which is ready to enter the Indian market, named "Dallie" - with a 1000+ product portfolio and strong presence across Asia and Middle East.
Sunshine 94
The Company which plans to launch an integrated township, in addition to its diversified portfolio, started small as a real estate developer. Over the years, Sunshine Group has delivered over 5 million square ft. of residential space and over 2 million square ft. under development across the commercial & residential sector. The Company aims to boost the Indian economy, and help the nation rise from the crisis which has affected the world as a whole.from NewsVoir https://ift.tt/2Yp9nh7
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