Tag: Gaurs Group

3 reasons why renting a home is better than owning a home keeping in mind the financial aspects

Why Yamuna Expressway Is Destination Next for Real Estate

By Mr. Sarthak GaurDirectorGaurs Group
History has shown that real estate development has been the catalyst world over in the development of any region. Real estate development has been the core theme around which megacity or regions have seen natural accretion and growth. There has been high-quality real estate development in Gautam Budh Nagar, especially the Yamuna Expressway, which has helped the region has its own vibrant ecosystem. The region today draws its strength not just as a suburb of National Capital Delhi but as a robust industrial and cultural powerhouse. The lightning speed of the development of trade and commerce in the region has been ably matched by the building of convention centers, theatres, food courts, banquet halls, and other cultural landmarks.

The real estate developers, on one hand, have provided international class commercial and residential buildings. The government, on the other hand, has matched up with various infrastructure projects like roads, highways, metro train connectivity, etc. This attracted a lot of MNCs and Indian corporates which set up their headquarters, regional offices, and even R&D centres. The region around Yamuna Expressway has the best offices and industrial properties. There are many large international companies that have either already established their presence or are in the process of setting up their offices here. This has also resulted in the best workforce from around the county coming and settling down in this region.

Realty Preempting Growth
The real estate development in other big cities of the country happened with hindsight and was almost always catching up with the expansion of the commercial and residential real estate demand. However, the real estate developers in this region have been preempting the growth in the city. The MNCs moved to the city because of the availability of high-quality commercial properties having all the necessary features and meeting global standards.  Even Indian companies saw value in choosing Noida over other cities for similar reasons. The home buyers found the best of features like earthquake-resistant buildings, superior fire fighting systems, and state-of-the-art security systems, pro-environment features, and LEAD certification are now commonplace in the projects here, apart from affordability and accessibility.

The recent international events and geo-political happenings have caused a whole lot of global companies to shift their manufacturing bases to India. These companies have been effectively lured by the states of Uttar Pradesh and they are coming and choosing the vicinity of Yamuna Expressway for setting up their manufacturing units. There are several multi-crore investments happening in this region by international companies and this region is going to be a big hub for exports out of the country.  This will take the GDP of the city of Gautam Budh Nagar even higher. The GDP of the city is already the biggest share of the GDP of the large state of Uttar Pradesh and also has its highest per capita income.

Jewar Airport-Shot in the Arm
Now with the largest airport of Asia-Jewar Airport coming up in close proximity of the region, there will be a direct impact on the real estate market. International connectivity will not only help the corporates but will compel a lot of other people who are connected with the airport and aviation business to settle down here. The development of such a large world-class infrastructure project is providing a new kind of dynamism to the region. Such dynamism is resulting in even better shopping malls, offices, condos, and even studio apartments in the region. There will be a big boost to the hospitality sector in the region as international travelers will look for staying options near the airport, just like in any other global city.

Another project that will further provide vivaciousness to the region will be the new Electronic City cleared by the state government recently.  The 700-acre project will result in the region and the state as a whole become a major hub of electronics systems, design, and manufacturing. This will also drive innovation and foreign investment in the field of electronics in the state. The electronics manufacturing units will act as the main source of products for the logistics hub and multiple freight corridors that are planned near Dadri. The electronic city, together with the logistics hub, will drive the demand for industrial properties. Needless to say, these industries will also attract professionals who would like to work and live here and help create this region an even stronger pool of young, talented, and cosmopolitan workforce.

Film City
One of the biggest film cities in the country is now coming up next to Yamuna Expressway which will not only drive economic activity but also prove to be an important milestone in making the city a hub for entertainment and cultural hub. There has already been a flurry of investment in the 1,000-acre project site and the project is proving to be a huge money-spinner for all the related industries. This is also driving the demand for good residential projects, apart from other things. This film city will prove to be a money-spinner for a lot of associated sectors and artists. This will help in employment generation further in the region.

All these industries have been supported by the real estate sector in the past and will continue to be buttressed by it in the future. There is the quest for the adoption of new technology among the developers who are able to come up with more secure projects, keeping the affordability factor intact. The projects here compare with the best in the world when it comes to structural safety, amenities, and even façade. The developers here have been able to offer the entire bouquet of residential options to the home buyers including studio apartments, villas, condos, apartments, bungalows, etc. There are even integrated townships to choose from. With constant innovations by the developers, this bouquet can only be expected to get better in the future.

Gaurs Group offers possession of 5500 units since opening of lockdown, plans another 1500 by March 2021

New Delhi: Gaurs Group, one of the leading real estate developers of India, announced that it has offered around 5500 units since the lockdown, and plans to offer another 1500 units for possession by March 2021. The units offered for possession post lockdown included apartments, plots, shops and office spaces across their projects located in Noida.

Commenting on the commendable development despite adverse situations due to COVID-19, Manoj Gaur, CMD, Gaurs Group, said, “The real estate sector faced huge challenge of labor shortage during the lockdown, but we ensured comfortable stay of the laborers at all our sites; this helped us to start work immediately after government allowed construction activities to begin. However, we overcame all the hurdles and used all the resources to ensure timely delivery. The thing that kept us in good stead was our unwavering commitment to all our stakeholders, particularly to home buyers.”

The possession included apartments, plots, shops and office spaces in projects such as 3rd Parkview & 6th Parkview at Gaur Yamuna City (Yamuna Expressway), Gaur City Center (Greater Noida West), Gaur City Mall Office Spaces (Greater Noida West), 7th Avenue at Gaur City, Gaur Saundaryam (Greater Noida West).  Gaurs Group is currently developing projects in Noida, Greater Noida West, Ghaziabad and Yamuna Expressway. The company plans to build and deliver another 45,000 units in the next 5-7 years through existing and new project launches, both residential and commercial.

Greater Noida West gets it first hotel , The Gaurs Sarovar Portico

Gaurs Group, one of India’s leading Delhi-based real estate firm, has announced the opening of its first hotel The Gaurs Sarovar Portico in Gaur City, Greater Noida West. Sarovar Hotels is a renowned chain of Hotels and brings with it the glamour and glitz of the hospitality industry. The Gaurs Sarovar Portico is the first luxury hotel in the region, and it will cater to the huge population of Gr Noida West which is close to 3 lakh residents today and is estimated to go up to 10-15 lakhs in few years once fully inhabited. The group has elaborate plans for the hospitality segment and will have approximately 450 rooms by 2023 in 3-4 hotel properties.

A part of Gaur City, it is a 72 Keys Mice Destination at Gaur City Club having Banqueting & Conferencing Facilities up to 10,000 pax. Talking about the new journey, Mr Manoj Gaur, Chairman and Managing Director, Gaurs Group, said, “We constantly work towards the betterment of lifestyle, and are delighted to add hotels to our portfolio. It is one of our best offerings to the residents of Gaur City and the surrounding areas.”

The hotel will have all the best amenities like restaurants, lounges, swimming pool, fitness centre etc. It is aimed to cater to both leisure and business and offers flexible venues for meeting and banqueting. Mrs Manju Gaur, Director, Gaurs Group, said, “There is no other hotel in the region, and this hotel is going to fulfil the gap. We are expecting it to be very successful as a large population is already residing and over a lac more flats are soon going to be ready for possession. In the coming years, this area is going to have a population of more than a million. Greater Noida West is a city in itself, and this luxury hotel will add value to the life of people here.”

Gaurs Group will soon come up with a 180 room full-service Radisson Hotel at Gaur City Mall, Greater Noida West; it will also have Banqueting & Conference Facilities. Another project is 84 Keys Service Apartments Gaurs Runway Suites at Gaur Yamuna City at Greater Noida with Banqueting & Conference Facilities. Then the group will have Gaur Central Mall, a 120 Keys Luxury Hotel at Dehradun, having Banqueting & Conference Facilities.

This festival realtors welcomes buyers with offers

The ongoing festival season is witnessing a renewed interest by the property seekers, and this has made developers come out with welcome offers. The sales expectation is high in this season, especially in the post-COVID scenario when people have started realizing the importance of owning a real estate asset. The Navratra period went off very well for the real estate as the enquiries and sales witnessed a healthy growth. The experts are of the view that by the end of the festival season, the sector would be at par with the sales in pre-COVID times.

At Gaur World SmartStreet’s ‘Mauke pe Chauka’ makes owning a commercial property an easy affair by offering an easy payment plan with 10 per cent down payment within 30 days, 40 per cent with one year, and the rest 50 per cent at the time of delivery. Gaurs Group is also running a campaign “FESTIVAL OFFER 2020” which includes 9 gifts for Gaur Siddhartham and Gaur City (14TH Avenue & 7th Avenue).

Raheja Developers, one of the major real estate developers of North India, has come out with ‘Chance to win luxury Car & Gold Coin’ offer under which it is giving a chance to the buyer to get Hyundai i10 on the property of up to Rs 2 crore, Hyundai Venue between Rs 2.01 to Rs 4 crore, Hyundai Creta between Rs 4.01 to Rs 6 crore, Hyundai Tucson on Rs 60.1 crore onwards as well as a 5 gm gold coin till Rs 3 crore and a 10 gm gold coin above Rs 3 crore on the booking at The Delhi Mall. At The Leela Sky Villas buyers can get a luxury car or complementary hard fitting as well as Leela Gift Voucher worth Rs 50K.

Housing.com is running ‘Mega Home Utsav’ till November 14, 2020, on projects from 10 major cities of India — Ahmedabad, Bengaluru, Chennai, Delhi, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida (Gr. Noida) and Pune. Hero Realty Pvt. Ltd is offering gold coin/ gold Voucher for Hero Homes Ludhiana, Sidhwan Canal Road, and home décor voucher worth Rs 2.5 lacs for Hero Homes Mohali, Sector 88.

Ajnara India Ltd is offering a 10:90 payment plan for those booking a unit at Ajnara Daffodils. In the case of Ajnara Ambrosia, the payment plan being offered by the company is 30:40:30, and in the case of Ajnara Fragrance, the payment plan is 20:20:20:20:20.

Signature Global has ‘Special Navratri offer and Assured gift’ for Signum Plaza 4, Sector 36, Gurugram, South of Gurugram, Signum-107, Signum-81, Signum-71, Signum-103, Signum- 37D, Signum -93, Signum-36, and Signum-95A. Every site visitor can spin the wheel and get the chance to win Mobile Phone, HP Laptop, Firefox Bicycle and Silver Coin. The company is offering assured 1 KG Silver on every booking at Signum Retail Hubs of Signature Global till November 14.

Migsun Group has come up with unique ‘Possession Proof Homes’ offer where they are giving assured 1 per cent penalty per month in case of delayed possession. Under this offer, the buyers need to pay 10 per cent now and rest 90 per cent on the offer of possession. The offer is for Migsun Roof (Raj Nagar Extension, Ghaziabad) where possession will be soon and Migsun Vilaasa (Greater Noida) where possession is scheduled for December 2023.

Sikka Group has an offer for its low-density project Sikka Karnam Greens, Sector 143 B, Noida. The group is offering 40-60 Payment plan – 40 per cent payment before the possession and 60 per cent at the time of possession. The group has also announced that price is all-inclusive and all other charges will be waived off.

Mahagun Group has come with exciting offers as this is company’s silver jubilee also, under the offer buyers will get a multitude of discounts in the form of 25-gram gold, pay 25 per cent now and the rest later, waiver of 25 months’ maintenance, 25 per cent of on stamp duty, and compensation of 25 per cent in case of delay in the project.

The offer is valid in projects – Manorial (Secor 128, Noida), Mahagun Mezzaria (Sector 78, Noida), Mahagun Meadows (Sector 150, Noida), Mahagun Mirabella (Sector 79, Noida), Mahagun Mywoods (Greater Noida West), Mahagun Mantra (Greater Noida West), Mahagun Montage (Crossing Republik, Ghaziabad), Mahagun Marina Wwalk (Greater Noida West).

Bhutani Group has come with a unique offer where the buyers can get the annual return in advance after making the down payment. The mega offer will work on their 50:25:25 plan and will be available on all their commercial projects in Noida — Grandthum (Sector 1, Greater Noida West), Cyberthum (Sector 140A, Noida) and Alphathum (Sector 90, Noida). The down payment is 50 per cent of the total amount, and the customer has to pay the next 25 per cent after three years.

The buyer can deduct the annual return of three years from the down payment amount or else the group will give them a cheque of three years’ annual return after the realisation of their down payment cheque. The group is expecting revenue of Rs 1000 crore during the festival season. Pacific Group, North India’s leading realtor, has come out with special Navratri offer where it is giving Rs 100 off on every per sqft at Pacific Golf Estate, Dehradun – 1, 2, 3 BHK & Penthouses.

Saya Homes at Greater Noida West project, Saya South X, is offering assured gift vouchers of Rs 10 lakh to anyone booking a shop here. The project has retail shops, food court, eatery and restaurants. The investment here starts at Rs 51.5 lakh. The project is located at the cross-section of 130 metres and 60-metre road and has 3-side open high street at Ek Murti round-about. Spread over 3 acres, the catchment area is 5 lakh families in proximity. Looking at the demand post-pandemic, we are sure that buyers will go for quality commercial projects that promise bright prospects.

Pacific Group has come up with ‘Flat Discount’ for Pacific Golf Estate, Dehradun, where the group is giving Special Navratri offer to avail Rs 100 off on every per sqft at Pacific Golf Estate, Dehradun – 1, 2, 3 BHK & Penthouses. MRG World has ‘Khareedo Dukaan, Jeeto Makaan’ offer for Gurugram’s Sector 89, 90, 93 where shops start at Rs 20 lakh.

In Urbainia Group’s ‘Special Offers & Assured Gift’ for Urbainia Trinity NX, Techzone IV, Greater Noida (West), buyers can get Amazon Gift Vouchers on every booking, investment here starts at Rs 2.80 lacs with lease guarantee available till October 30, 2020. Chandigarh-based GBP Group is incentivizing its channel partners by offering them lucrative gifts depending upon the number of units sold at its ongoing project GBP Central Town in Zirakpur.

For the sale of single unit they are offering shopping voucher worth Rs 30K, on the sale of two units shopping voucher worth Rs 30 K and Washing machine, for the sale of three units shopping voucher worth Rs 30 K, 1 gold coin & microwave, for four units shopping voucher worth Rs 30 K, 1 gold coin, Samsung LED 53” and marshal speakers, whereas on the sale of 5 units the channel partners will get shopping voucher worth Rs 30 K, 1 gold coin, Samsung LED 53”, Harman Kardon speakers and OnePlus 8 phone.

Religious procession amid chants of Hare Rama Hare Krishna at Gaur Saundaryam

A religious procession was taken out inside the Gaur Saundaryam Society, Greater Noida West, amidst the chants of Hare Rama Hare Krishna on the concluding day of establishment of Hare Rama Hare Krishna Temple here. On the first day, the idols of Radhe Krishna were consecrated with complete religious rituals. Manoj Gaur, MD of Gaur Group, and Manju Gaur, Director, were present on both the days. Society bore a beautiful look as flowers were showered everywhere amidst the chants of Hare Rama Hare Krishna as everyone was drowned in this electric atmosphere of devotion.

Gaur 2

Residents followed social distancing and all the safety norms while being completely immersed in the devotion of Radhe Krishna. Residents were watching the procession from the balcony of their homes. A limited number of women, the elderly, and children participated in this procession. Prasad was distributed after the program.

In the two-day program of Hare Rama Hare Krishna temple installation, idols of all God were established inside the temple with full rituals. On the last day of the programme, everyone participated in the procession inside the society while keeping in mind the social distancing norms. Manju Gaur, Director, Gaurs Group, said, “The two-day religious event was held with full devotion. In religious events, the group maintains its reverence for God and the way the people of the society participated in this religious event shows how the love of God has grown. In fact, the ceremony was held to awaken this feeling of happiness, prosperity and brotherhood.”