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Bhumika Group Launches Rs. 700 Cr Mixed-Use Project ‘The Icon’ in Faridabad

‘The Icon’ blends luxury residences, retail, and hospitality to redefine Faridabad’s urban ecosystem.

BY Realty+
Published - Friday, 12 Dec, 2025
Bhumika Group Launches Rs. 700 Cr Mixed-Use Project ‘The Icon’ in Faridabad

North India’s leading realty developer Bhumika Group has announced the launch of its mixed-use development The Icon in Faridabad. Backed by an investment of ₹700 crore and projected sales realisation of approximately ₹1,500 crore, the project spans 5 acres and is designed as a complete lifestyle destination.

The development features 88 premium low-density residential units in 3 BHK + Study configurations with staff accommodation, complemented by a 30,000+ sq. ft. clubhouse offering a swimming pool, spa, meditation room, sports facilities, walking track, dining spaces, and concierge services. Retail and entertainment elements include luxury stores, gaming zones, and premium restaurants with alfresco dining, while Phase 2 will introduce a premium hotel tower with internationally styled suites for business and long-stay guests.

Residential units are priced at ₹15,500 per sq. ft., while retail spaces are being leased at ₹200–250 per sq. ft. on the ground floor, with leading brands such as Apple, Samsung, and Vivo already onboard.

Uddhav Poddar, CMD, Bhumika Group, said: “The Icon reflects our vision of creating meaningful urban ecosystems that balance design, functionality, and future-readiness.”

Siddharth Katyal, CEO, Bhumika Realty, added: “Faridabad is entering a defining growth phase, and The Icon is designed to align perfectly with this next era of appreciation, rental demand, and township-led development.”

Targeted at families, professionals, and investors across Delhi–NCR, The Icon combines luxury living, modern architecture, sustainability features, integrated retail, and hospitality-led footfall, positioning itself as a future-ready urban ecosystem with strong long-term value creation.

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