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Viceroy Properties to enter commercial realty with Rs 1,600 crore plan

Business Standard LogoBusiness Standard7h ago

Viceroy Properties to enter commercial realty with Rs 1,600 crore plan - Business Standard

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We think that there's a lot of up demand in the commercial sector,” he said, outlining the outlook of the commercial realty market.

Mumbai-based Viceroy Properties will venture into commercial real estate development with an investment outlay of ₹1,600 crore in the next five years, Cyrus Mody, managing partner at the firm told Business Standard in an exclusive interaction.The development of 1.2 million square feet (mn sq ft) in area, including office and retail space will begin by the end of this year, in Mumbai, Mody said.“We're planning a few commercial offices, built to lease.


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Category: BusinessFinance

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2025-04-28 @ 20:12:38 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 118 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28266595

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