Smartworld Developers expect sales worth Rs 2.5 bn from retail project
Real Estate

Smartworld Developers expect sales worth Rs 2.5 bn from retail project

The 100,000 sq ft Smartworld Orchard Street complex, developed by Smartworld Developers, opened in Gurugram. The project is expected to bring in a top line of Rs 2.5 billion for the corporation.

Unit sizes in the three-story project range from 500 sq ft to 12,000 sq ft.

The company also leased 15,000 sq ft of space on the third floor to Big Fish Ventures for food and beverage outlets on the first day.

Big Fish Ventures, a hospitality company based in Delhi, manages well-known dining establishments like The Junkyard Cafe, Key Night Club, GaramDharam, and Local.

At Sector 61, Golf Course Road (Extn), Smartworld Orchard Street is flanked by a number of residential developments and an IT Special Economic Zone (SEZ) with a catchment of about 200,000 people.

The facility will immediately serve more than 8,000 people because it is so close to Smartworld's residential development.

Recently, Smartworld Developers revealed that MotilalOswal had invested Rs 2.5 billion in the company. The money will be used as expansion capital.

Also read:
TSF and Odisha partner up for Jaga Mission
The intelligent Net Zero design to generate 30 per cent surplus


The 100,000 sq ft Smartworld Orchard Street complex, developed by Smartworld Developers, opened in Gurugram. The project is expected to bring in a top line of Rs 2.5 billion for the corporation. Unit sizes in the three-story project range from 500 sq ft to 12,000 sq ft. The company also leased 15,000 sq ft of space on the third floor to Big Fish Ventures for food and beverage outlets on the first day. Big Fish Ventures, a hospitality company based in Delhi, manages well-known dining establishments like The Junkyard Cafe, Key Night Club, GaramDharam, and Local. At Sector 61, Golf Course Road (Extn), Smartworld Orchard Street is flanked by a number of residential developments and an IT Special Economic Zone (SEZ) with a catchment of about 200,000 people. The facility will immediately serve more than 8,000 people because it is so close to Smartworld's residential development. Recently, Smartworld Developers revealed that MotilalOswal had invested Rs 2.5 billion in the company. The money will be used as expansion capital. Also read: TSF and Odisha partner up for Jaga MissionThe intelligent Net Zero design to generate 30 per cent surplus

Next Story
Real Estate

We are executing data-centre projects in MMR region: Paradigm Realty

Certain areas of Mumbai showcase tremendous opportunity for redevelopment, as Parthh K Mehta, CMD, , explains. He speaks about his company’s plans for this region, adherence to quality, use of technology and its strategies and plans for data centres and further expansion going forward. Excerpts:According to a Knight Frank India report, there's been a noteworthy rise in property registrations in Central and South Mumbai and Bandra and Worli showcase the opportunity for redevelopment. Does the group have any plans for this region? We recognise that Mumbai as a city is continuall..

Next Story
Real Estate

Windows to world

India’s current crop of tall and super tall buildings has an advantage over predecessors: openable windows. Codal provisions and ensuing market developments are behind this change. “Until a decade or so ago, we lacked designs and products enabling openable windows for glass façades,” explains Rajan Govind, Director, Facade+Construction Tech Specialist, BES Consultants. “It is only more recently that the National Building Code 2016 has released detailed façade requirements, which make openable windows mandatory.”The National Building Code 2016 mandates 10 per cent openable..

Next Story
Real Estate

New Terminal Building – Kolhapur Airport

On 10 March 2024, Prime Minister Narendra Modi officially inaugurated the new terminal building at Kolhapur Airport. The terminal is part of a broader development initiative valued at about Rs 2.56 billion, which includes the construction of the terminal, runway extensions, new apron and parking bays. Designed by Gian P Mathur Architects & Planners (GPM), the terminal's architecture draws inspiration from Kolhapur’s heritage and has earned a four-star GRIHA rating.Design and featuresDiscussing the design brief, Anil Shinde, Kolhapur Airport Director, Airports Authority of India (AAI), sa..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000