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The Shipra Group was incorporated in 1987 and initially it established its credentials in the hospitality sector by developing a chain of hotels in Delhi, Mussourie, Dehradun, Ghaziabad and Noida. Later, in 1996 it entered the real estate sector with the Shipra Apartments.
The group launched the Shipra Riviera project in 1997 to develop Indirapuram area in association with the Ghaziabad Development Authority. But, the real breakthrough came with Shipra Sun City, which is an integrated township self-sufficient with in-house residential and shopping facilities. This project established the name of Shipra Group in the Real Estate industry and helped it become an INR 200 crore company.
The group has now diversified its business portfolio to include verticals like Shopping Malls, Theme Parks, IT\ Business Parks, multiplexes and a chain of hotels and has an annual turnover of over USD 38 million.
Malls
Centrestage Mall is one of the landmarks in Noida and was the first mall developed by the Shipra Group. The new Shipra Mall with an area of 4.5 lakh sq ft is the largest mall in NCR and boasts of facilities like a 3-screen multiplex, a large Food Court, twin atriums, Amphi theatre and a Car Parking for 1000 cars.
IT\ Business Parks
The IT Park in Noida has been designed by Hafiz Contractor and will have facilities at par with international standards like state-of-the-art commercial complex, scalable networking and uninterrupted power supply covering an area of 12 lakh sq ft.
Multiplexes
The group has two multiplexes in its kitty viz. the three-screen JAM with an ambience inspired by Zen Buddha and the Wave Shipra Cinema which provides the latest sound and projection technology, multi-brand food court and platinum class cinematic experience.
Theme Parks
The group is developing two theme parks one the Atlantis Water Park based on the theme of ‘the Lost City of Atlantis’ and the other will have Urban Legend thrill rides and special game zones.
Hotels
The Shipra Group has come up with an exquisite concept of a Mosaic Boutique in Noida. This place will offer designer services to the business class for conferencing and meetings like Housing Fluid- a lounge bar, Latitude- a multi-cuisine restaurant, Mosaic- a business lounge, together these will provide a high-profile ambience for business meetings.
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