Noida, a burgeoning real estate hotspot, has recently witnessed an influx of major developers, signaling a new wave of development in the region. One such significant player making headlines is Experion Developers, a fully FDI-funded real estate developer, backed by Singapore’s Experion Holdings.
With an acquisition of a 5-acre land parcel in Noida’s sector 45 for a staggering Rs 250 crore, Experion Developers marks its entry into Noida’s vibrant real estate market. This move reflects the company’s strategic expansion beyond its current Gurugram and Lucknow market focus.
The Indian arm of Experion Holdings Pte Ltd, a real estate investing arm of the esteemed $2.5 billion AT Holdings group of companies, is set to unveil its maiden project in Noida. The announcement comes at a time when Noida is experiencing a surge in development activities, especially after the declaration of the Noida International Airport project. This pivotal airport announcement has attracted several national-level developers like L&T, Prestige Group, M3M, Tata Housing, and Godrej Properties, all eyeing substantial plans in Noida.
Experion Developers is poised to invest a significant sum of Rs 700 crore in Noida, aiming to develop approximately one million square feet of prime real estate. Their portfolio spans a wide spectrum, encompassing townships, group-housing projects, commercial landmarks, organized retail destinations, hotels, and resorts across various states, including Andhra Pradesh, Delhi NCR, Goa, Haryana, Maharashtra, Punjab, Tamil Nadu, and now, Uttar Pradesh.
This strategic move into Noida aligns with Experion’s vision to diversify and capture emerging markets, bringing their expertise and commitment to quality and innovation to this thriving real estate landscape.
The company’s foray into Noida promises to introduce a new era of real estate development, further enhancing the region’s appeal as a coveted destination for homebuyers and investors alike.
Stay tuned for more updates as Experion Developers unfolds their vision for Noida’s evolving skyline, setting new benchmarks in the realm of modern living and commercial excellence.
