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Viridian Group to develop 13 WTCs in India



The World Trade Center Association (WTCA), the nodal body governing the exclusive ‘World Trade Center’ and ‘WTC’ branded properties and trade service organizations located in 90 countries, has recently awarded the licence to use its name to one of the 12 towers of the commercial complex being developed at South Delhi's Nauroji Nagar. The commercial complex is being developed by NBCC. 

There are a total of 21 WTCs to be developed in India. Out of the total 21, Viridian RED, Viridian’s integrated development platform, comprising of investments, development and asset management functions, has been awarded licenses to develop 13 WTCs across India. The WTCA announced last year that Viridian Group will be its main partner in India. Mr. Scott Ferguson, CEO, World Trade Center’s Association, during his visit to India, announced this while inspecting the developments at WTC Noida. 

Mr. Ferguson was of the opinion that the trade and investment opportunities will only grow in India with the recent changes in government policies. By being a business member or tenant or a client at WTC Noida facility, one gains access to introductions and connections in cities around the world. The facility acts as a Gateway for local business and provides them services through hub and spoke model of connected complexes.

Viridian RED, the real estate arm of Viridian Group which is conceptualised and operated by Mr. Ashish Bhalla, is widely recognized as a catalyst and for its leadership position in the real estate landscape. With a vision to deliver innovative and quality real estate solutions in India, Viridian Real Estate Development was established as a vital part of Viridian’s integrated development platform, comprising of investments, development and asset management functions.

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