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Noida to get Rs 12-crore apartments as Bhutani Infra plans Rs 600 crore uber-luxury housing project

Priya Singh | 2024-04-10

Total estimated investment in the project is likely to be around Rs 600 crore. The cost of an apartment is likely to start from around Rs 12 crore.
Total estimated investment in the project is likely to be around Rs 600 crore. The cost of an apartment is likely to start from around Rs 12 crore.
This will be a super-luxury project where very big size apartments will be offered. Only 60 apartments will be offered in the project and the size of flats will start from 5,000 square feet. The project is likely to be formally launched by the end of the year. The cost of flats will start from Rs 12 crore,” Bhutani said. He said that the cost may vary depending on the floor and size of the apartment.
The project will come up near Logix City Centre mall in Noida’s Sector 32. The building will likely be 30 storeys tall, with the first four floors housing a mall and remaining constituting the residential component. Separate entry and exit will be provided for the housing complex and the mall, Bhutani said
The luxury housing project is intended to be completed in 42 months’ time from the start of work on ground.

Bhutani Infra started operations in 1996 under the brand name Parmesh Complexes in Delhi’s Karkardooma. It has delivered close to 14 projects till date. Among its latest offerings, I-Thum IT Park in Sector 62, Noida, and Alphathum, a business park in Sector 90 are already operational.