Realty developer Migsun will invest ₹500 crore in a residential and commercial project in Lucknow, Uttar Pradesh.
Situated next to Medanta Hospital, the residential project will have around 1,000 units, and the commercial project near Shaheed Path will be spread over four lakh sq ft.
Migsun has recently announced the acquisition of HDFC and Ansal’s stake in Ansal IT City Park (SEZ) Tech Zone, Greater Noida, where it will develop the 37.5 acre mixed-use project with commercial, IT and industrial units.
The Group will hand over 4,000 apartments and commercial properties in six projects by 2022.
