Experion Developers, a fully FDI-funded real estate company, announced a significant investment of Rs 1,000 crore to develop a luxury residential project in Sector 151, Noida, Uttar Pradesh. This strategic move marks another major expansion for the wholly-owned subsidiary of Experion Holdings Pte. Ltd., based in Singapore.
According to a company statement issued on Monday, Experion Developers recently acquired five acres of prime land in Sector 151 through an auction conducted by the Uttar Pradesh state government.
Nagaraju Routhu, CEO of Experion Developers, confirmed the acquisition and emphasized the substantial investment planned for the project. "With a planned investment of over Rs 1,000 crore, the company is embarking on the development of this project," Nagaraju stated.
He further highlighted the growing demand for upscale residential properties in the Noida market. "The overwhelming response to Experion Elements in Sector 45, Noida, clearly demonstrated the strong demand for premium residences. Our acquisition in Sector 151 is a direct response to this demand, reflecting our belief in the continued growth of the Noida market," he added.
Experion Developers has a successful track record in developing high-quality residential projects across Delhi-NCR, positioning itself firmly within the competitive real estate landscape of the region.
This investment underscores Experion’s confidence in Noida’s luxury housing segment and is expected to further strengthen the company's presence in India's real estate sector.
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