Suncity Projects To Invest Rs 2000 Crore

Realty player Suncity Projects today announced its plans to develop four retail cities in the country with an investment of around Rs 2,000 crore by 2011. The retail cities, under the brand name 'Jewel of India,' would come up at Greater Noida, Indore, Jaipur, and Mohali.

Project Details

The first of these cities would become operational in Jaipur by 2011 and would be spread over an area of 40 lakh square feet. It would house premium retail brands like Lifestyle, Shoppers’ Stop, Pantaloon, and Westside among many others.

Comprehensive Infrastructure

Besides the retail area, these cities would also house hotels, office places, and entertainment zones.

Executive Quotes

Suncity Projects VP (Retail) Vijay Arora told, 'This is one of the most ambitious projects in the retail space. ‘Jewel of India’ will house some of the most prominent brands of the country along with local handicraft of the region and will redefine the entertainment criteria for the customer.'

Jaipur Retail City Highlights

Further, he added, 'The Jaipur retail city would house Johari Bazaar showcasing traditional Rajasthani jewelry, a five-star hotel, business suites, food courts, six-screen multiplexes, besides other entertainment segments.'