Sunrays Infra to build 1.4 lakh sq ft commercial space in Haryana

22 Sep 2021 CW Team

Sunrays Infrastructure Private Limited will build R Plaza 79 in Sector-79, Faridabad, Haryana, with 1.4 lakh sq feet of commercial space. The project's first phase includes 1.3 lakh sq ft of commercial space with a revenue potential of Rs 200 crore.

The company acquired the 2.7 acre plot of land in 2011 and plans to finish the project in two years.

For feasible and dynamic retail operations based occupancy, the company has partnered with IQI India (Global Real Estate Advisory Firm) to achieve business goals.

Om Chaudhary, Director, Sunrays infrastructure Pvt Ltd told the media that in this area, this project will make a difference. The project's low-rise developer concept will attract visitors from all over Delhi NCR.

In February 2022, R Plaza 79 will be handed over for fit-out and will have 84 showrooms.

Manu Bhazin, Managing Director and CEO of IQI India told the media that the demand for such a well-organized high-street retail destination is growing.

Sunrays Infrastructure Pvt Ltd is an Indian Non-Government Company that is registered with the Registrar of Companies in Delhi (RoC-Delhi). It has a paid-up capital of Rs 90,000,000 and an authorised share capital of Rs 90,000,000.

Its most recent Annual General Meeting (AGM) was held on 31st March 2015, and its most recent balance sheet was filed on 31st March 2015, according to Ministry of Corporate Affairs (MCA) records.

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Also read: Major cities in India see surge in office leasing to 66% in FY21

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