Bhutani Group wins NCLT nod to take over Noida's Entertainment City, plans ₹10,000 cr revamp
The NCLT cleared Bhutani Group's takeover of Noida's 147-acre Entertainment City, home to The Great India Place, Gardens Galleria Mall, Worlds of Wonder and KidZania. The group plans a ₹10,000 crore investment to reposition the distressed asset as an entertainment-lifestyle destination.
NCLT cleared Bhutani Group's takeover of Noida's Entertainment City, home to The Great India Place mall, Gardens Galleria, Worlds of Wonder and KidZania. The group plans a ₹10,000 crore investment to reposition it as an entertainment-lifestyle destination.
Why this matters
The NCLT approval marks a turnaround moment for a distressed Noida landmark, with Bhutani Group's ₹10,000 crore plan signaling a major bet on entertainment-led retail redevelopment.
Retail-company signals accelerating at +573100% QoQ.
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