Gulshan Group plans 3,300 INR-Crore NCR housing development

Gulshan Group plans to invest an estimated 3,300 INR-Crore to develop housing projects across the National Capital Region (NCR). The company announced the investment to expand its residential portfolio in key NCR markets. The development will include multiple projects across Noida and nearby regions.

The company will develop five residential projects as part of this investment. These projects will focus on premium and luxury housing segments. Additionally, the portfolio will include an investment of 1,000 INR-Crore to develop a Taj-branded hotel and serviced apartments. The development will comprise a 150-room luxury hotel and 74 serviced apartments with unit sizes of about 7,500 SqFt. The prices of these apartments are expected to range between 35-100 INR Crore. The project will be developed on an anticipated 10,500 SqM land parcel.

Also Read: Milaaya Artful Partitions Redefine Spatial Luxury

Once completed, the Gulshan Group NCR projects will add new housing supply in the NCR market. The developments will also support residential infrastructure growth in the region. Additionally, the investment will strengthen the company’s presence in the premium housing segment.

Biltrax Construction Data is tracking 38,000+ projects on their technology platform for their clients.

Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.

Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.

Schedule a demo

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.