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Shipra Group

Shipra Group
Established in 1987, Shipra Group has emerged as one of the leading real estate developers in India. In the present time, the company is led by Mohit Singh and concentrates at the development of a number of integrated townships, malls, multiplexes, IT/Business parks and hotels. Shipra Mall is one of the largest malls of India, accredited to the company. Shipra Group is a fast growing firm, with the aim to mark its presence at various cities in India by developing integrated townships. Check out the article and get information on the profile of Shipra Group.

Business Areas
Shipra Group has undertaken a myriad of construction activities, including residential and commercial projects, hotels including 5-star properties, water and amusement parks, malls and multiplexes, cinema halls, and technology parks. With the successful establishment of Centrestage mall and Wave Shipra Cinemas in Noida and Kaushambi as hotspots, Shipra has upped the ante to cash in on the mall revolution.

Major Projects
After gaining a firm foothold in the hospitality industry with a chain of hotels in Delhi, Dehradun, Mussorie, Ghaziabad and Noida, Shipra Group launched its maiden venture in real estate in 1996, with Shipra Apartments. The Group spread its wings with the Riviera project, which was completed in 1998. The Shipra Group then forged a joint venture with the Ghaziabad Development Authority, to develop the Shipra Sun City, a project that heralded the coming of age of the 200-crore Shipra Group.

The new Shipra Mall has taken retail to a mega scale. With a total area of 4,50,000 sq ft comprising of 3,60,000 sq ft of retail space, Three New Generation of Cinemas, 15,000 sq ft of Food Court, Amphi Theatre and parking for 1000 cars. The mall has been designed with twin atriums for better space and visibility for the retailers and free flow for shoppers. Shipra Group has introduced high-resolution lens based PANI projection technology that would convert the three sides of the mall into an advertising platform.

New Ventures
The upcoming malls of Shipra Group include Shipra Mall II in Ghaziabad and Shipra Mall in Ahmedabad. With an aim to improve the social and economic life of the residents of Punjab, the Shipra Group has planned to set up residential and economic township in the State. The proposed townships in the area promise to environment friendly atmosphere, with sufficient greens and breathing spaces for its residents. The project is named as 'North Star Country', Chandigarh, fondly called 'The Brightest Star in the North'. The company is intended to offer a prestigious IT business park in Noida, UP. Mosaic Boutique, a five-star hotel (adjoining Shipra Mall in Indirapuram, Ghaziabad), Wave Shipra Cinema are among the other ventures of Shipra Group.

Note: Last updated on July 10,2009.