Published On:October 29 2015
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Bhasin Group to build Rs. 150 cr tower at Noida in 99 days.
Realty firm Bhasin Group recently said it will invest Rs. 150 crore on construction of a 33-storey commercial tower in Noida in mere 99 days, a sort of record for the national capital region.
To construct the composite steel structure tower covering 9 lakh sq ft of area, the company has given a contract worth Rs. 35 crore to Jindal Steel and Power Ltd. for supply of pre- engineered columns, beams and allied structure.
'We are coming up with a 9-lakh sq ft commercial building on Noida Expressway. The construction of this building will be completed in just 99 days,' Bhasin Group MD S S Bhasin said reporters.
'This will be the tallest and fastest (built) composite steel building in the country,' he claimed.
The construction started on October 21 and would be completed by January 29, 2016, he said, adding that this tower would be operational by April-May after getting the necessary approvals.
Bhasin said the company would invest Rs. 150 crore on construction of this office-cum-retail tower. It is selling commercial space at Rs. 3,500 per sq ft. This tower is part of 25-acre project that the company would develop in Noida.
TOI