Smartworld Developers Buys 6 Acres in Noida for ₹414 Crore

Representative AI image
Representative AI image

NEW DELHI: Gurugram-based Smartworld Developers has successfully acquired a 24,000 sq. meter (approximately six-acre) land parcel in Sector 98, Noida, through auction for ₹414 crore.

The estimated development cost of the project is around ₹2,000 crore, with a projected revenue of approximately ₹3,000 crore. The company plans to develop a mixed-use project featuring branded residences, high-street retail, and serviced homes.

The company reported ₹6,400 crore in sales for FY25, marking an impressive 60% year-on-year growth. They have delivered 6.5 million sq. ft. of space, with another 20 million sq. ft. currently under development.

With assets under management (AUM) worth ₹40,000 crore, Smartworld Developers is preparing to go public in the near future. The company remains debt-free.

  • Published On Dec 5, 2025 at 03:20 PM IST

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