News
Gaurs Group receives Astonishing Response during Festive season, registers record sales over 1200 units worth approx Rs 500 CR


New Delhi, November 15, 2019: Gaurs Group, one of the leading names in the real estate sector in the country today reported astonishing sales number during the festive month of October, which included both the auspicious Navratras and Diwali, the festival of light. The Company during this period booked around 1200 units worth Rs 500 crore. This is a sharp jump of about 19 per cent and 22 per cent in terms of number of units and sales value respectively as compared to last festive season wherein the Company reported booking of 1,012 units worth Rs 411 crore.
A substantial chunk of the new bookings for the realty major have been in the commercial segment with Gaur City Mall and Gaur City Centre accounting for majority of it. Both these malls are located in Greater Noida West. Among the residential segment, it is Gaur City at Greater Noida West and Gaurs Siddhartham at Siddharth Vihar (Ghaziabad), which accounted for largest share of new bookings.
Special festive offers, lower interest rates and competitive prices along with tremendous goodwill among the people are some of the prime reasons behind the stupendous performance of the Group.
Commenting on the robust numbers, Sarthak Gaur, Head – Business Development, Gaurs Group said, “With our tremendous track record of delivery and utmost credibility, we were expecting a good set of numbers, but actual bookings have even surpassed our expectations. A lot of factors like lower interest rate and the lucrative festive offers that we announced have certainly helped our cause and we hope to continue the good show even in the future.”
“Our record of timely delivery has also kept us in good stead all these years. Going forward, we are going to be bullish on mega commercial real estate with focus on office spaces, hotels and service apartments apart from affordable housing which has been our mainstay all these years. We are ,” Mr. Gaur added.
The tremendous performance by the Group is just a continuation of its performance in the last few years. In FY19, Gaurs Group has reported booking of over 1200 units of both residential and commercial put together. At the same time, the group has delivered over 25,000 units in last 5 years, which has resulted in garnering immense trust and confidence of home buyers and people at large.
The group is also developing uber luxurious projects like Gaur Mulberry Mansions in Greater Noida West. It has several other projects in its kitty being developed across Noida, Greater Noida West, Ghaziabad and Yamuna Expressway. The Group is also developing integrated townships – Gaur Yamuna City on Yamuna Expressway, which is spread across 250 acres and Gaur City in Greater Noida West that is spread in about 237 acres.
-
News14 hours ago
Gaurs Group Unveils India’s Tallest Lord Shri Krishna Statue at Yamuna Expressway
-
News2 days ago
Godrej Group’s Anamudi Real Estates Acquires ₹80.83-Cr Land Parcel in Juhu
-
News20 hours ago
SAMHI Hotels, Indian School of Hospitality Ink MoU For Management Programme
-
News16 hours ago
Indian Logistics & Warehousing: Key Trends to Watch Out For in 2025
-
News12 hours ago
Onward Workspaces Leases 7,050 Sq. Ft to Clarksons Shipping at Emaar Capital, Gurgaon
-
News13 hours ago
Smartworld Awards ₹532-Cr Sky Arc Contract to Varindera Constructions
-
News3 days ago
BL Kashyap & Sons Reports Standalone Revenue of ₹247.14 Crore in Q3 of FY25
-
News3 days ago
Sushma Group’s Luxury Housing Project in Solan Vally Secures RERA Approval