Nimbus Group has committed Rs1,100 crore to develop Arista Luxe Phase II in Sector 168, Noida, reviving the long-stalled premium residential project through a Joint Development Agreement. Approved under the Legacy Stalled Projects Scheme by the NOIDA Authority, the development spans 10 acres and will deliver 342 luxury apartments across Towers 5, 7, 8, and 9, alongside a completed clubhouse and common areas.
Positioned as a benchmark for upscale living in NCR, the project features 65% open green space, a 1.6 lakh sq. ft. landscaped zone, and seven themed swimming pools. Premium design elements include expansive balconies, 11-ft floor-to-floor heights, double-height air-conditioned lobbies, and integrated smart home systems. The project is bank-funded through internal accruals and support from institutional lenders, with a projected completion timeline by 2029. It is RERA-registered and backed by strong governance protocols to ensure 100% fund utilisation and timely delivery.
Bipin Agarwal, Chairman & Managing Director, Nimbus Group, stated: “Our vision is to transform Arista Luxe Phase II into a vibrant, future-ready residential community that not only meets but exceeds buyer expectations. This investment reflects our deep commitment to restoring trust in stalled developments by delivering with transparency, financial discipline, and uncompromised quality. Sector 168 is a high-potential micro-market, and we see this revival as part of a larger mission: to bring momentum back to NCR’s real estate landscape through responsible development. As a listed and experienced developer, we are determined to turn this challenge into an opportunity that sets a new benchmark for completion and credibility.”
Sector 168 stands out for its strategic location, with strong connectivity via the Noida-Greater Noida Expressway and easy access to the upcoming Noida International Airport and expanding metro network. Surrounded by top educational institutions and a thriving corporate ecosystem, it offers significant live-work-play potential and high capital appreciation. Nimbus’s track record in this zone—including The Golden Palms, The Hyde Park, and Express Park View I & II—underscores its commitment to creating landmark developments.
With this revival, Nimbus is not only bringing a stalled project back to life but also reaffirming its long-term vision to spearhead responsible development across Noida and Greater Noida, reinforcing trust in the market and offering buyers a renewed promise of luxury living.
