NCR’s leading real estate company- Gaur’s group,is preparing to launch its IPO to cash in on the booming real estate and stock markets . According to Manoj Gaur, Chairman and Managing Director of the Group, in line with its expansion plans in Delhi NCR, the company is targeting its IPO within one and a half years.
Gaurs Group is on a strong footing to launch an IPO. It has already developed over 65 msf of real estate in its 3 decades of operations and has delivered 65000 units including residential and commercial projects. It has also delivered three township projects including a 237 acre township in Greater Noida West and a 250-acre Gaur Yamuna city on Yamuna Expressway. It has commercial projects with studio apartments, shopping , entertainment and a hotel. The group has also ventured into allied verticals of shopping malls, schools, hotels, solar plants and construction.
Currently, the company is developing a new luxury housing project- Gaur NYC Residences in Ghaziabad along Delhi-Meerut Expressway, as part of its expansion plans. The project has already generated Rs 3100 crore of sales.
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