Real Estate
Gaurs Group Buys 35 Acres Near Yamuna Expressway for ₹700 Crore
Gaurs Group has acquired around 35 acres near the Yamuna Expressway for approximately ₹700 crore. The company plans to develop residential projects on the land and expects to launch three to four housing projects in the Noida and Yamuna Expressway region by March 2027.
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New Delhi: Real estate developer Gaurs Group has acquired around 35 acres of land near the Yamuna Expressway for about ₹700 crore, expanding its residential development plans in the Delhi-NCR region. The land is located close to the Noida International Airport.
The company purchased three land parcels in Sector 18 through an open auction conducted by ICICI Bank. The largest parcel measures around 24 acres.
Residential Projects Planned
Gaurs Group plans to use the land for new housing projects. The company has indicated that it plans to launch three to four housing projects by March 2027 across Noida and the Yamuna Expressway region.
The developer has also said it will settle pending charges linked to the acquired land, including External Development Charges (EDC) and farmer compensation.
Focus on Yamuna Expressway
The acquisition adds to Gaurs Group's presence along the Yamuna Expressway, an area seeing increased development activity following major infrastructure growth around the Noida International Airport.
The company has already launched a housing project along the Yamuna Expressway with a potential revenue value of around ₹1,900 crore.
Strong Sales Pipeline
Gaurs Group recorded about ₹5,500 crore in sales bookings during the previous financial year. The company expects its upcoming project launches to support similar or stronger sales performance during FY2026-27.
Editorial Insight | Signature Media News
The ₹700-crore land acquisition highlights the growing importance of the Yamuna Expressway–Noida corridor for residential development. With the airport and other infrastructure improving connectivity, developers are increasing their land holdings and project pipelines in the region.
Sources: Official statements, regulatory filings, government documents, company disclosures and credible media reports.
The company purchased three land parcels in Sector 18 through an open auction conducted by ICICI Bank. The largest parcel measures around 24 acres.
Residential Projects Planned
Gaurs Group plans to use the land for new housing projects. The company has indicated that it plans to launch three to four housing projects by March 2027 across Noida and the Yamuna Expressway region.
The developer has also said it will settle pending charges linked to the acquired land, including External Development Charges (EDC) and farmer compensation.
Focus on Yamuna Expressway
The acquisition adds to Gaurs Group's presence along the Yamuna Expressway, an area seeing increased development activity following major infrastructure growth around the Noida International Airport.
The company has already launched a housing project along the Yamuna Expressway with a potential revenue value of around ₹1,900 crore.
Strong Sales Pipeline
Gaurs Group recorded about ₹5,500 crore in sales bookings during the previous financial year. The company expects its upcoming project launches to support similar or stronger sales performance during FY2026-27.
Editorial Insight | Signature Media News
The ₹700-crore land acquisition highlights the growing importance of the Yamuna Expressway–Noida corridor for residential development. With the airport and other infrastructure improving connectivity, developers are increasing their land holdings and project pipelines in the region.
Sources: Official statements, regulatory filings, government documents, company disclosures and credible media reports.
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