Realty developer Migsun Group will invest Rs 90 crore to develop a studio apartment project next to Medanta hospital in Lucknow. The project is part of the upcoming Migsun Lucknow Central, a mixed-use project with delivery anticipated before Diwali.
Each unit is priced around Rs 60 lakh, making it an attractive option for both end users and investors. The unit size of these studio apartments starts from 650 sq. ft., and it will be fully furnished with branded equipment.
The project is part of a five-acre land parcel it bought from Medanta Group in Lucknow recently. Migsun Lucknow Central spreads over approx. 20,239 sq. mtrs. and features high street retail, food court, and business suites. The company had invested Rs 426 crore in the project, which is designed to emerge as the city's iconic retail project.