Bhumika Realty Invests Rs. 2,200 Crore in Faridabad with New Township Project
Bhumika Realty, a renowned name in the real estate sector with over six decades of experience, has announced a significant investment of over Rs. 2,200 crore in Faridabad as part of its strategic growth plans. The company recently conducted a Bhoomi Pujan for a new land parcel in Sector 114, Faridabad, marking its commitment to the region's development.
Bhumika Realty is exploring various land parcels across different sectors of Faridabad for an integrated township project. The company is also developing a premium mixed-use project in Faridabad, which will include high-street retail, luxury residences, and hotel suites. This project is being developed through a signed Joint Development Agreement. The Bhoomi Pujan event was attended by the company's leadership, team members, and channel partners, reflecting their dedication to Faridabad's real estate growth. Siddharth Katyal, CEO of Bhumika Group, expressed the company's vision to create spaces that touch lives and align with the aspirations of modern homebuyers and investors. Uddhav Poddar, Chairman and Managing Director of Bhumika Group, stated that the Bhoomi Pujan signifies their long-term commitment to Faridabad's development. The company has already operationalized a retail hub at NHPC Metro Station in Faridabad under the PPP model, leased to leading national brands.
Bhumika Realty's substantial investment and development plans in Faridabad indicate a strong belief in the region's potential. With the Bhoomi Pujan ceremony and the commencement of various projects, the company is set to leave a significant mark on Faridabad's real estate landscape.
