VVIP Group to invest ₹800 crore in new housing project in Greater Noida, ET RealEstate
NEW DELHI: Realty firm VVIP Group will invest around Rs 800 crore to develop a luxury housing project in Greater Noida. In a statement on Monday, VVIP Group said it has launched a new ultra-luxury project ‘VVIP Addresses‘ at Sector 12, Greater Noida West.
“With an investment of approximately Rs 800 crore, the project will comprise 350-plus premium residential units in a single-phase development,” it said.
The project is spread over 5 acres. The company is selling units between Rs 3.49 crore and Rs 6 crore.
Praveen Tyagi, CMD of VVIP Group, said, “There is a growing demand for luxury housing in the region, which reflects buyers’ evolving preferences and a keen desire for a lifestyle that combines opulence, comfort, and connectivity.”
VVIP Group has developed many projects in Delhi-NCR.
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