The Migsun Group is planning to invest Rs 706 crore in a nine-acre high-street commercial project at a newly acquired site in Rohini's Sector-22 in New Delhi.
The NCR-based realty firm has acquired the land parcel, measuring 36,583 sq metres, from a private firm.
Migsun will develop a total built-up area of 6.3 acres on the site and expects to deliver the project within three years.
The company said that the total cost of the project, including the acquisition and development, will be Rs 706 crore. It added that it might purchase additional Floor Area Ratio (FAR) to meet future