Gaurs Group’s big investment of Rs. 700 crore is a big step towards changing the future of Noida.
The Gaurs Group from Noida has recently made a big investment. They have spent Rs.700 crore, securing two significant property acquisitions. One is 18 acres of land in Sector 129 (Noida), and the other is a project in Jaypee Greens, Greater Noida.
In Sector 129, the company has planned to create a top-notch canvas for retail and office development. In Jaypee Greens, it will finish the two residential buildings that were incomplete. The company will also build something huge in about 1.5 million square feet of additional space.
The leader of this project, Mr Gaur, says they see lots of possibilities for the land in Sector 129. It’s in a great spot near the busy Noida Expressway, so they’re also considering adding offices and retail spaces there.
This isn’t the first time Gaurs Group is doing something in this area. Last year, they bought land in Jaypee Greens for Rs. 200 crore. They used it to create a fancy housing complex called ‘The Island.’ It’s big, around 1.3 million square feet, and they spent an extra Rs. 500 crore on it.
Their new land is close to ‘The Island’, which shows their strategic vision for their projects in Jaypee Greens. For this new land, they paid Rs. 200 crore, which shows their commitment to transforming the Greater Noida Landscape.
Gaurs Group had already announced a huge investment of Rs. 10,000 crore in the National Capital Region over five years. This new project proves that they’re keeping their promise to make Noida and Greater Noida a better place to live and work.