NEW DELHI: Gaurs Group has acquired a 12-acre land parcel in Sector 22-D along the Yamuna Expressway to develop a residential project, with an investment of approximately ₹1,400 crore.
Manoj Gaur, CMD of Gaurs Group, stated, “The Group has secured possession of the plot and is in the process of obtaining map sanctions and other necessary approvals. The project will go through the RERA registration process after receiving all requisite approvals, and sales will begin once the RERA registration number is obtained.”
The upcoming development will feature ultra-luxury high-rise residences, with a projected topline of about ₹2,000 crore.
Sarthak Gaur, director of the company, added, “We are also considering the acquisition of additional land parcels along the Expressway.”
