M&A

M&A

Eros Group to invest Rs.200-Cr in residential complex in Greater Noida

Economic Times  

Realtor Eros Group will invest INR 200 crore in Greater Noida to develop six residential towers in its project Sampoornam. The towers, comprising 378 units and 14,000 sq m in area, will be completed by early 2025. The total sale value of these towers will be around INR 200 crore. An additional investment of INR 25 crore will be done by the group for the launch of a community center in Sampoornam called ‘Dome'. Recently Eros Group has also invested an additional INR 155 crore to buy James Hotel in Chandigarh (Sec 17) which will be soon operational in the name of Hyatt Centric. Eros Group has two hotels - Shangri-La's Eros in central Delhi and Eros Radisson Blu Hotel in Faridabad, Haryana. It also runs Vishal Cineplex in West Delhi.