Joint Venture31 Jan 2025, 04:18 am
Texmaco, Hines, Conscient, and HDFC Capital Announce Strategic Partnership for Landmark Delhi NCR Development
AI Summary
Texmaco Infrastructure & Holdings Limited (TIHL), Hines, Conscient, and HDFC Capital have formed a strategic partnership to develop a premier residential-led mixed-use project on the site of the former Birla Cotton Mills in Kamla Nagar, Delhi. The development, spanning nearly 10 acres, will feature around 3 million square feet of modern condominium residences and premium retail spaces.
Key Highlights
- Texmaco, Hines, Conscient, and HDFC Capital have partnered to develop a world-class residential-led mixed-use project in Delhi NCR.
- The development will span nearly 10 acres and feature around 3 million square feet of modern residences and retail spaces.
- The project is located at the site of the former Birla Cotton Mills in Kamla Nagar, Delhi.
- The partnership aims to address the shortage of modern residential options and the lack of Grade A retail spaces in the region.
- The project is a significant step towards meeting India’s growing demand for modern and sustainable living spaces.