The Shree KB Group has planned to launch a massive commercial project in Greater Noida West, named ‘KB West Walk’. The company intends to invest approximately ₹425 crore in this project, which is being regarded as a highly significant development for the commercial real estate sector in the NCR region.
This project is being developed on a 2.9-acre land, with a total area of approximately 7.5 lakhs sq ft. Approximately rupees 122 crore will be spent on land acquisition, and 300 crore rupees on its construction. This project will comprise a total of 1290 units, which will be available for both sale and lease.
The project named ‘KB West Walk’ is being developed as a modern retail hub that will feature F & B outlets and entertainment zones alongside retail stores. According to the company’s founder, Rakesh Singhal, the project will primarily operate on a leasing model, and discussions with several top brands are already underway.
The rapidly growing population and residential density in Greater Noida West could prove to be a major factor in the project’s success, as the demand for organised retail and lifestyle hubs in this region is also growing at a fast pace.
This project will be approximately completed in October 2030. The group, established in 2005, has previously delivered commercial projects such as KB Complex, thereby further strengthening investor confidence in its development capabilities.
