The Gaur Group, renowned for its high-profile residential and commercial ventures in Noida, has made a significant impact in Ghaziabad with its latest venture. The Gaur NYC Residences, featuring New York-style luxury apartments, has set a new benchmark in the real estate sector. In an unprecedented move, the project has recorded over Rs 3,000 crore in bookings within just 48 hours of its pre-launch phase, achieving three times the oversubscription and attracting more than 3,000 applications following its RERA approval.
This development, with a total value exceeding Rs 3,000 crore, is a landmark in Ghaziabad’s real estate market and reflects a new era of luxury living in the region.
Project Highlights
h Spanning across 11.80 acres, the project will feature 10 towers, each 32 stories high, offering approximately 1,200 upscale flats. These include 4-bedroom units and 4-bedroom apartments with servant quarters. Prices for these residences start at Rs 2.5 crore. Notable amenities include a clubhouse inspired by Madison Square and a 118-metre-long swimming pool.
Growing Luxury Market
Real estate analysts view the overwhelming response to Gaur NYC Residences as indicative of a burgeoning demand for luxury housing in Ghaziabad. Following the trend in cities like Gurugram and Noida, there is a rising market for premium 4BHK apartments in Ghaziabad, highlighting the city’s growing status as a hub for upscale living.
Sarthak Gaur, Director of the Gaur Group, said that the overwhelming success of the project was a testament to the trust and confidence of the customers. The endorsement strengthens our resolve to deliver exceptional quality, he added. “Over the past 30 years, we have built around 65,000 homes, and it is gratifying to see such a positive reception for Gaur NYC Residences. We are committed to making this project one of the most distinguished in the NCR region” he further added.
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