Realty developer TDI Infratech will invest Rs 100 crore to develop 1.5 lakh sq ft of commercial space in Park Street, Mohali.
Spread over 1.38 acre, the commercial project will be delivered by December 2022. The project is being developed as retail, food and entertainment hub of the Punjab region inviting the best of the food brands from across the world and different states of India.
“The commercial project has been conceptualized and designed with intellect combined with futuristic thinking. All our projects in this area have got a tremendous response,” said Vimal Monga, Vice President of sales and leasing (Commercial), TDI Infratech Ltd.
Centrally located in and around 1000 acres of the residential area, Park Street will have a basement plus six floors with unit sizes varying between 327 sq ft and 3500 sq ft.
An integral part of TDI Smart City Mohali, all units in the project will be facing 200 ft wide Mohali International Airport Road. With parking space of more than 200 cars, the price of the units here starts from Rs 30 lakh.
The commercial project will also have Delhi based food court Brand Epicuria. The first Epicuria is successfully running in Nehru Place, New Delhi, and is known for providing the best restaurants in the city, offering every kind of cuisine.
TDI has projects in cities such as Mohali, Panipat, Kundli, Gurgaon, Agra, Muradabad, Chandigarh, and Delhi.