The logistics firm Bhumika Group has decided to enter in real estate market with Rs 300 cr investment. The first project named 'Urban Square', will be a mixed use real estate development at Udaipur. The total area in this project will be 18 lakh sq ft. The project will be taken up in phases. The first phase development comprises over 10 lakh sq ft. The construction work has already started and the first phase will be delivered in the next three years. In the first phase, the company is constructing a 5star hotel with 200 keys and has roped in Holiday Inn for the management purpose.