Warehousing, hotel, housing and hospital projects planned
Galgotias Infra has proposed Rs.510 crore investment over the next 3 years in warehousing, hotel, housing and hospital projects in Aerocity near Noida International Airport on Yamuna Expressway.
Directors Suneel Galgotia and Dhruv Galgotia have signed a Memorandum of Understanding on 10 Jan 2023 for the investment with Arun Veer Singh, Chief Executive officer, Yamuna Expressway Industrial Development Authority (YEIDA).
The investments by the Galgotias Group will be primarily done in a phased manner in the Aerocity near Jewar, the Noida international airport.
The area around the Noida international airport is turning out to be infrastructurally better than Gurgaon offering comfort, convenience and a sustainable experience to homebuyers, students and passengers and visitors.
The hotel investment by Galgotias Infra will be a whole new concept featuring intelligent technologies like smartphone access and services especially designed to cater to the evolving demands and expectations of global leisure, student and business travellers. Students and parents will also benefit from the education hub already developed in the area.
Galgotias group is also planning phase wise investments in warehousing, hospital, IT park and student housing and has already invested heavily in bringing world class quality education in Uttar Pradesh. fiinews.com
