R-tech Group Signs Commercial JV Deal in Neemrana, Rajasthan

R-tech Group Signs Commercial JV Deal in Neemrana, Rajasthan

R-Tech Group, has joined forces with Vanchari Hotels on a new joint venture in Neemrana to develop a high-profile mixed-use project in Neemrana. This JV Deal in Neemrana is located on the main NH 8.

Project Highlights:

• Project Name: Capital Galleria, Neemrana
• Developers: R-Tech Group and Vanchari Hotels
• Location: Riico Industrial Area, NH 8, Neemrana
• Project Type: Mixed-use (details not yet available)
• Land Area: Approximately 22000 sq. mtr
• Gross Development Value (GDV): Approximately Rs 1500 crore

Strategic Significance:

• Meeting Market Demands: R-Tech Group is confident this project will address Neemrana’s growing demand for high-quality commercial spaces, including potential retail areas and office spaces for professionals seeking premium work environments. (Specific details on the mix of uses are not available yet.)
• Prime Location: Strategically situated on Riico Industrial Area, NH 8, the project benefits from high visibility and accessibility, making it attractive to potential tenants and buyers.

About R-Tech Group:

• Established in 2007, R-Tech Group has a proven track record of developing over 5 million sq. ft. of real estate across various Indian cities.
• Their diverse portfolio encompasses residential, office, retail, and hospitality projects.
• This joint venture reinforces R-Tech Group’s commitment to shaping Neemrana’s commercial landscape by offering premium workspaces and potentially retail opportunities for the city’s growing business community.

Quote:

• Rajesh Yadav, Managing Director, R-Tech Enterprises:
  • Expresses gratitude for the trust shown in R-Tech Group.
  • Highlights the project’s potential to create opportunities for businesses and professionals in Neemrana.

Overall, this collaboration signifies a significant development for Neemrana’s commercial real estate sector. The project’s exact mix of uses is yet to be revealed, but its prime location and association with R-Tech Group suggest it will be a major development catering to the city’s evolving business needs.

 

 

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in