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GAURS GROUP ACQUIRES 35 ACRES ALONG YAMUNA Yamuna Expressway during the current financial year, with an
EXPRESSWAY FOR `700 CRORE estimated revenue potential of around `1,900 crore. The latest
Gaurs Group has acquired three land parcels measuring land acquisition is expected to provide additional capacity for
around 35 acres in Sector 18 along the Yamuna Expressway for future launches.
approximately `700 crore. The Delhi-NCR developer purchased Gaurs Group said it continues to see healthy demand across
the land from ICICI Bank through an open auction, with the Noida, Greater Noida and Ghaziabad, particularly for projects
acquisition forming part of its plans to expand its residential project offered by established developers. The company believes limited
pipeline in the Noida-Yamuna Expressway region. fresh supply from reputed builders is supporting demand in these
The acquisition includes a 24-acre parcel, which is the largest markets.
of the three plots. Gaurs Group plans to develop a housing The group recorded approximately `5,500 crore in sales bookings
project on this land, adding to its presence in a corridor that during the previous financial year and expects its launch pipeline
connects Noida and Greater Noida with Agra. The deal comes as in FY 2026-27 to help match or exceed that performance.
developers continue to look for large development opportunities Beyond residential real estate, Gaurs Group is also looking to
in the Yamuna Expressway region, where infrastructure and real expand its commercial and rental portfolio. The developer plans
estate activity have been increasing. to launch a large commercial project in Noida and currently
Gaurs Group Chairman Manoj Gaur confirmed the acquisition, generates roughly `150 crore in annual rental income from its
stating that the company purchased the 35 acres from ICICI commercial assets, including shopping malls.
Bank for around `700 crore. The company said the land was The immediate focus will be on planning and launching the
acquired on an “as-is, where-is” basis through an open auction. residential project on the 24-acre parcel, while the remaining
It also plans to clear outstanding obligations associated with the acquired land parcels could support future development plans.
land, including external development charges (EDC) and farmer The company is also expected to continue adding residential
compensation. and commercial projects across key Delhi-NCR growth corridors.
The company intends to launch a residential development on the With nearly three decades of operations, Gaurs Group, through
24-acre parcel. Manoj Gaur has also indicated that Gaurs Group Gaursons India Pvt Ltd, has developed more than 100 million sq
expects to introduce three to four housing projects in Noida and ft and delivered over 75,000 homes across 75 projects, including
along the Yamuna Expressway by March 2027. three integrated townships. Its business interests also extend to
The developer has already launched a housing project on the retail, education, sports and solar energy.

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