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Tathastu Realty announced plans to invest INR 200 crore in developing a six-acre high-street commercial project named 'Swarnim' in Rewari, Haryana. The development will feature 1,200 retail shops. Expected sales realisation is around INR 400 crore. The project will be fully funded through internal accruals and customer advances, with possession targeted for 2029.
Tathastu Realty has unveiled its plans to develop a large-scale high-street retail project in Rewari, Haryana. The project, titled 'Swarnim', will be spread across six acres and involve an investment of INR 200 crore. Advertisement
According to the company's statement issued earlier this week, the development will comprise 1,200 retail shops.The company anticipates a total sales realisation of approximately INR 400 crore from the project.
Neeraj K Mishra, Executive Director of Tathastu Realty, mentioned that the company's objective is to bring a premium high-street shopping experience to Rewari.
The entire investment will be financed through internal accruals and customer advances, without recourse to external funding. Possession of the project is scheduled for 2029, with the company confident that its design and offering will set a benchmark for high-street retail in the region.
With a substantial investment plan, self-funded model, and a clear timeline for possession, the development is expected to create a new hub for commercial activity. By focusing on a premium retail experience, the company aims to strengthen Rewari's position as an emerging retail destination in northern India.
Source - PTI
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