Saya Group to develop India's tallest mall

23 Jun 2023 CW Team

Saya Group, a real estate firm based in Delhi-NCR, has announced its plans to develop "India's tallest mall," known as Saya Status. Situated in Sector 129 on the Noida-Greater Noida Expressway, the mall will reach an impressive height of 150 feet. The company intends to invest over Rs 20 billion in the project, which encompasses a total built-up area of 1.4 million square feet, with 1.1 million square feet dedicated to leasable space.

Saya Status will span nine floors and offer an array of luxury brands and amenities to visitors. The construction of the mall is currently underway, with approximately 25 per cent of the work already completed. The company expects the mall to be fully operational by 2025. The architectural design of the project is being handled by DP Architects, an international firm based in Singapore.

Vikas Bhasin, the Chairman and Managing Director of Saya Group, expressed the company's commitment to creating an iconic commercial space with Saya Status, India's tallest mall. The total investment of over Rs 20 billion includes the land cost of nearly Rs 10 billion and a construction cost ranging between Rs 5-6 billion. The funding for the project will come from internal accruals and loans.

Saya Group has already finalised approximately 55 brands for the mall, with 30 of them having signed agreements to establish their presence. The mall will offer a parking capacity for 1,600 cars, with parking facilities available on each floor from the fourth to the ninth, in addition to basement parking. The lower ground floor will house a hypermarket, while the ground floor will feature international fashion brands. The top two floors will be dedicated to clubs and bars. Saya Group also has other projects in the pipeline, including Saya Piazza in Jaypee Wish Town and Saya South X in Greater Noida West.鈥�

Infrastructure Urban

24 Jun 2025

Greater Noida Film City to Begin with Rs 1.5 Billion First Phase

Greater Noida is set to host one of India鈥檚 most ambitious entertainment infrastructure projects with the upcoming International Film City in Sector 21, along the Yamuna Expressway. The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, is expected to lay the foundation stone in late June, either in person or via video conference. While June 16 has been speculated, the final date is yet to be officially confirmed.The project is being developed by Bayview Bhutani Film City Pvt Ltd鈥攁 joint venture between filmmaker Boney Kapoor and the Bhutani Group鈥攊n collaboration with the ..

Infrastructure Energy

24 Jun 2025

CCL to Add 2 New Mines, Boosting Output by 12 MT

Coal India subsidiary Central Coalfields Ltd (CCL) is set to commission two new coal mines in the 2025鈥�26 financial year, aiming to enhance its annual production capacity by 10 to 12 million tonnes. The initiative is part of the company鈥檚 broader plan to exceed 110 million tonnes of coal production this fiscal and reach 150 million tonnes by 2030.鈥淲e have planned to open two new mines this year,鈥� said Nilendu Kumar Singh, Chairman and Managing Director of CCL.Production at the Kotre Basantpur block, a coking coal mine with a peak rated capacity of 5 million tonnes per annum, is expecte..

Building Material

24 Jun 2025

India Cements Sells ICML Stake for Rs 980 Million

India Cements has announced the sale of its entire equity holding in Industrial Chemicals and Monomers Ltd (ICML) to Mirai Sensing Private Ltd for a consideration of Rs 980 million. The transaction was disclosed through a regulatory filing with the Bombay Stock Exchange.Following the completion of this sale, ICML will cease to be a subsidiary of India Cements, the filing confirmed.ICML, registered in Tirunelveli, Tamil Nadu, had earlier suspended operations. According to the company鈥檚 annual report for 2024, the business had become unviable due to reasons previously disclosed. The report fur..