Delhi NCR-based real estate developer Gaurs Group plans to construct 450 luxury apartments at Jaypee Greens, an integrated township in Greater Noida outside the capital, with an investment of over Rs 500 crore. The land acquisition for the project has already been completed.
The land parcels on which the project will come up together measure 12 lakh square feet. The project is likely to be launched formally later this year. On the pricing of these flats, the rates will depend on market conditions as they are fluctuating.
Jaypee Greens is an integrated 450-acre township where about 1,600 families are already living in different societies. A 130-acre golf course is part of the township.