Gaurs Group Bets Big on Yamuna Expressway with Rs 1,400 Crore Housing Project
Gaurs Group plans to invest Rs 1,400 crore in a new housing project in the Yamuna Expressway region. This expansion includes a 12-acre premium residential development site in Gautam Buddh Nagar district. The project highlights the area's growth potential, aligning with the company's strategic interests in real estate and other sectors.
- Country:
- India
Gaurs Group, a prominent real estate firm in the Delhi-NCR region, announced its plans to invest Rs 1,400 crore in a high-end housing project along the Yamuna Expressway. The company has acquired a 12-acre land parcel in Sector 22-D, Gautam Buddh Nagar district, for this significant development.
The company expressed optimism about the location's potential, especially with the upcoming airport boosting regional growth. 'Yamuna Expressway is the city of the future, and we are proud to be shaping it,' said Manoj Gaur, Chairman and Managing Director of Gaurs Group.
The Group has a strong track record, having developed a 150-acre township nearby and over 65 million square feet in total, involving 75,000 delivered units. Besides real estate, Gaurs Group has diversified into education, sports, and solar energy sectors, reflecting its broad strategic interests.
(With inputs from agencies.)
ALSO READ
SpiceJet Pioneers Paperless Boarding at Shillong Airport
Real Estate Giant BPTP Under ED Scrutiny for Massive Foreign Investment Violation
$190M Social Investment Fund Targets At-Risk Children and Families
Elliott Investment's Amber Emerges as Top Bidder in Citgo Auction
South Korea and U.S. Forge $350 Billion Investment Framework
Google News