In an exciting move that marks a new chapter in the company’s growth, Nirala World, a leading real estate developer based in Delhi NCR, has successfully purchased a 10,400 square meter (2.5-acre) commercial land parcel in Greater Noida West, Sector 12. The company won the auction conducted by the Greater Noida Industrial Development Authority (GNIDA), securing the plot for a hefty sum of Rs. 175 crore. This acquisition signifies Nirala World’s growing presence in the commercial real estate sector and further solidifies its position as a major player in the rapidly developing Nirala Sector 12 Greater Noida West market.
Nirala World’s Vision for Greater Noida West
The newly acquired land parcel, located at Plot No C-7 in Sector 12 Greater Noida West, will serve as the foundation for Nirala World’s second commercial project in the region. The company is investing Rs. 300 crore into this development, which promises to become a landmark destination for retail, commercial, high street shopping, food courts, office spaces, and entertainment options. This project is set to cater to the growing demands of the upcoming housing societies in Sector 12 Greater Noida West, offering modern facilities and a lively commercial space for both businesses and residents.
Suresh Garg, the Chairman and Managing Director (CMD) of Nirala World, shared his excitement about the purchase: “We recently purchased a land parcel in Greater Noida West through an auction process. This is a significant step for us as we are set to develop our second commercial project in this vibrant region. The project will encompass 7.87 lakh square feet of development potential.”
Once the necessary approvals from relevant authorities are obtained, Nirala World plans to resume construction and deliver a state-of-the-art commercial space in Nirala Sector 12 Greater Noida West. With a diverse mix of offerings, including a high street, retail outlets, a multiplex, food courts, and office spaces, the project is poised to become a central hub for both work and leisure.
Expansion in Greater Noida West
This acquisition comes on the heels of earlier purchase of a land parcel by Nirala in Sector 10, Greater Noida West, which will be the site of the company’s first-ever commercial project in the region. By securing strategic locations in Greater Noida West, Nirala World is positioning itself to cater to the growing demand for commercial spaces in this rapidly developing area. As a result, the project in Nirala Sector 12 Greater Noida West is expected to attract a lot of attention from businesses looking to set up operations in one of the most promising locations in NCR.
Looking Ahead: Expansion Plans in Delhi NCR
Nirala World’s expansion strategy does not end with Greater Noida West Sector 12. The company is actively scouting for more land parcels in the Delhi-NCR region, aiming to expand its footprint further. In fact, the company has plans to enter the Gurugram market with commercial and housing projects in the near future. This ambitious move will allow Nirala World to tap into the lucrative and competitive real estate markets of Gurugram, adding yet another dimension to its growing portfolio.
Moreover, the company continues to strengthen its position in the residential sector. Nirala World is currently developing a luxury residential project named Nirala Trio in Sector 2, Greater Noida West. This project, which comprises 400 units, has seen a remarkable response, with 40% of the units sold within a very short span of time. The project is expected to cater to buyers seeking premium residential spaces in one of the most sought-after locations in Greater Noida West.
A Legacy of Trust and Quality
With over a decade of experience in the real estate industry, Nirala World has earned a solid reputation for delivering top-quality projects on time. The company’s flagship residential project, Nirala Estate, located in Greater Noida West, is a testament to its commitment to excellence. Spread across 25 acres, Nirala Estate comprises 4,050 homes, with 3,600 units already delivered and the remaining units set to be handed over soon. This successful project further enhances Nirala World’s standing as a reliable and trusted developer in the Noida-Greater Noida region.
As Nirala World continues to expand its portfolio with new commercial and residential projects, the company’s focus on strong project delivery, quality construction, and customer satisfaction is expected to further cement its place as a leading real estate developer in the region.
The Future Looks Bright
With a combination of strategic land acquisitions, timely project completions, and an eye on future growth in key markets such as Gurugram, Nirala World is all set to make waves in the real estate industry. The company’s expansion into the commercial sector in Nirala Sector 12 Greater Noida West, along with its continued success in residential development, ensures that Nirala World will remain a dominant force in the Delhi NCR real estate market for years to come.
For investors, businesses, and homeowners, Nirala World represents a symbol of trust, innovation, and quality in the ever-evolving real estate landscape of Delhi NCR. With projects like the upcoming commercial development in Sector 12 Greater Noida West, Nirala World is poised to shape the future of urban living and working spaces in the region.
