In a significant move that underscores confidence in the residential real-estate market around the Delhi-NCR region, Gaurs Group has announced an investment of approximately ₹1,400 crore to develop a premium housing project on a 12-acre site in Sector 22-D, along the Yamuna Expressway in Gautam Buddha Nagar district, Uttar Pradesh.
Project Highlights
- The land parcel spans 12 acres in Sector 22-D, acquired by Gaurs Group for the project.
- The investment of ~₹1,400 crore will be deployed to build a luxury residential complex designed to capture the emerging demand in the expressway corridor.
- In its first phase, the developer aims to launch around 950 residential units, covering a saleable area of approximately 20 lakh sq ft.
- The basic selling price (BSP) has been set at around ₹8,000 per sq ft, with apartment pricing starting from roughly ₹1.9 crore.
- Gaurs Group expects this project to generate revenues in the region of ₹2,000 crore from the first phase itself.
The Yamuna Expressway corridor has been gaining traction as a growth node for residential real-estate, driven by upcoming infrastructure such as the Noida International Airport (Jewar) and expanding connectivity with the NCR region. Gaurs Group’s CMD, Manoj Gaur, commented that “with the imminent operationalisation of the airport, this region is set for exponential growth. Yamuna Expressway is the city of the future.”
The project builds on Gaurs Group’s existing footprint in the region — the company has already developed a 150-acre township along the expressway corridor.
Developer Profile & Track Record
Gaurs Group has delivered over 65 million sq ft of real-estate area and more than 75,000 units across 70 projects, including three large townships.
The group has also diversified into education, sports and solar-energy segments, indicating a broadening of business verticals beyond pure residential construction.
Implications for Buyers & Investors
- For home-buyers: The project offers entry into a fast-growing corridor that blends connectivity (via Yamuna Expressway), future infrastructure (airport in Jewar) and new-launch premium product.
- For investors: With a revenue potential of ~₹2,000 crore from phase one and the BSP of ~₹8,000 / sq ft, the corridor may offer appreciable upside if infrastructure and demand momentum sustain.
- For market observers: This project signals that leading developers are backing peripheral corridors of NCR with substantial (…) investments, suggesting strong faith in the region’s growth story.
Outlook & Timeline
According to the statements from Gaurs Group’s leadership, land possession has been secured and approvals (map sanction, layout, etc) are underway. Soon thereafter, RERA registration and launch of sales will follow.
Given the scale (12 acres, 20 lakh sq ft in phase one) the project is likely to roll out over multiple years, potentially with further phases beyond the initial 950 units. The expected revenue of ₹2,000 crore from phase one underscores the high value nature of this project.
Also Read
The announced investment of ₹1,400 crore by Gaurs Group in a new premium housing project along the Yamuna Expressway marks a bold move into one of NCR’s faster-emerging residential corridors. For buyers and investors looking at the region, this launch provides a fresh option with strong developer backing and favourable infrastructure tailwinds.
However, as always with large-scale launches, the execution timeline, regulatory clarity and delivery track record will be key to watch.
As the project progresses into sales and execution phases, stakeholders should monitor updates on RERA registration, construction commencement, and actual launch offerings.
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