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Nimbus Projects takes over stalled residential project in Noida, to invest Rs 1,000 crore

By Economic Times - 3 weeks ago
Nimbus Projects Ltd will invest nearly Rs 1,000 crore to revive the stalled Sunworld Arista housing project in Noida, gaining about a million sq ft of saleable area. Approved under UP’s co-development policy, the project anticipates Rs 1,400 crore in revenue while addressing RERA cases and financial closures.

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