Gaurs Group Invests ₹1,400 Crore in New Residential Project Along Yamuna Expressway, ETRealty

<p>Representative image created by AI</p> — Representative image created by AI

NEW DELHI: Gaurs Group has acquired a 12-acre land parcel in Sector 22-D along the Yamuna Expressway to develop a residential project. The Group will invest approximately ₹1,400 crore in this development.

“The Group has got possession of the plot and has applied for map sanctions and other necessary approvals. The project will undergo RERA registration process after receiving all the approvals and any sales will commence post receiving the RERA registration number of the project,” said Manoj Gaur, CMD of the company.

The new project will offer high-rise ultra-luxury residences and has a potential topline of about ₹2,000 crore.

“We are also exploring the acquisition of more land parcels along the Expressway,” said Sarthak Gaur, director of the company.