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Gaurs Group to invest Rs 350 cr in new mixed-use project

Monday, 15 Apr 2019

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Realty firm Gaurs Group will make an investment of Rs 350 crore to develop a new mixed-use project. The project will be developed in its 250 acre township along Yamuna Expressway in Uttar Pradesh.

The company will develop 828 studio apartments and 282 shops in a 2.7 acre project. The project is funded through internal accruals.

Gaurs Group had bought 250 acre of land from the Jaypee Group to develop a township 'Gaur Yamuna City' where it has already launched plots and group housing projects.

Gaurs Group is currently developing a number of projects including two large integrated townships at Noida Extension and Yamuna Expressway.