Real Estate

Real Estate Transactions

Two MSME parks' construction near Noida gains momentum; see Rs.2,345-Cr investment

Business Line  

The construction of two micro, small and medium enterprise (MSME) parks near Noida has gained momentum with 812 investors buying land at the proposed sites to set up units at a cost of INR 2,345 crore. The proposed companies in these parks coming up along the Yamuna Expressway in Sectors 29 and 32 are expected to create employment for almost 43,000 people. A total of 239.61 acres of land has been allotted. The MSME parks will provide facilities like business and shopping centres, incubation centres, hotels and restaurants, hostels, office blocks, health and fire stations. They will also feature storehouses, container and truck terminals, railway siding infrastructure, and fuel stations