India, April 17 -- Real estate developer Shree KB Group plans to invest Rs.425 crore in its flagship commercial project, KB West Walk, a large-format shopping mall coming up in Greater Noida, the company said in a statement.

Spread across 2.9 acres, the project will offer a total leasable area of around 7.5 lakh sq ft. Of the total investment, approximately Rs.122 crore has been allocated for land acquisition, while Rs.300 crore will go towards construction, the company said.

The development will include around 1,290 commercial units available for sale and lease.

Expected lease rentals of around Rs.250 per square foot highlight its strong revenue potential amid rising demand in Greater Noida West. The project is slated for completion b...