NewsMacroGaurs Group Targets Rs 1,900 Crore Revenue from Gaur Alaris Housing Project on Yamuna Expressway

Gaurs Group Targets Rs 1,900 Crore Revenue from Gaur Alaris Housing Project on Yamuna Expressway

Author: Economic Times Markets·

Key Takeaways

  • •Gaurs Group plans to develop Gaur Alaris, a residential project comprising 1,088 apartments along the Yamuna Expressway in Delhi-NCR.
  • •The developer projects total revenue of approximately Rs 1,900 crore from the project, equating to an average realisation of roughly Rs 1.75 crore per unit.
  • •The project is positioned in the premium-mid residential segment, reflecting robust housing demand in the Delhi-NCR market.
  • •The Yamuna Expressway corridor has attracted growing residential and commercial development interest, supported by upcoming infrastructure such as the Noida International Airport at Jewar.
  • •Delhi-NCR remains one of India's largest residential real estate markets by both sales volume and supply.
Gaurs Group Targets Rs 1,900 Crore Revenue from Gaur Alaris Housing Project on Yamuna Expressway

Gaurs Group has announced plans to develop a major residential project named Gaur Alaris, located along the Yamuna Expressway in the Delhi-National Capital Region (Delhi-NCR). The project will comprise 1,088 apartments, with the developer projecting total revenue of approximately Rs 1,900 crore from the development.

The Yamuna Expressway is a six-lane, 165-kilometre access-controlled expressway that connects Greater Noida with Agra, passing through key urban nodes in Uttar Pradesh. The corridor has emerged as a growing residential and commercial real estate zone, benefiting from its proximity to Noida, planned infrastructure projects, and the broader Delhi-NCR metropolitan area. Among the key infrastructure projects driving interest in the corridor is the Noida International Airport at Jewar, under construction in Gautam Buddh Nagar district, which is expected to serve as a major commercial and logistics hub for the region.

Gaurs Group is a NCR-based real estate developer with a portfolio of residential and commercial projects primarily in Ghaziabad, Noida, and Greater Noida. The company stated that the Gaur Alaris launch is supported by robust residential demand in the region, reflecting its established presence in the Delhi-NCR property market. The Rs 1,900 crore revenue projection across 1,088 apartments implies an average realisation of roughly Rs 1.75 crore per unit, positioning the project in the premium-mid residential segment of the market.

The project's 1,088-apartment plan and Rs 1,900 crore revenue target represent a significant scale of development for the group. Delhi-NCR consistently ranks among India's largest residential real estate markets by sales volume and supply, alongside cities such as Mumbai Metropolitan Region, Bengaluru, and Hyderabad. The Yamuna Expressway corridor in particular has attracted a growing pipeline of Group Housing and mixed-use projects, with developers citing improving connectivity and proximity to upcoming employment nodes.

Source: Economic Times Markets