Major push into luxury housing and hospitality as Noida’s premium market matures.

Gulshan Group to Invest ₹23,300 Crore in Five NCR Projects.

Real estate developer Gulshan Group has announced plans to invest around ₹23,300 crore to develop five projects across the National Capital Region during FY 2026–27, strengthening its footprint in both luxury and mid-income housing segments. A key highlight of the investment is a ₹1,000 crore Taj-branded hotel and serviced apartments project in Noida’s Sector 129, being developed in partnership with Indian Hotels Company. The project will include a 150-room luxury hotel and 74 large serviced apartments and is expected to be completed in four to five years. According to Chairman Gulshan Nagpal, the serviced apartments alone are expected to generate nearly ₹72,000 crore in topline revenue. The company said the renewed focus on luxury reflects Noida’s growing demand for premium residential and hospitality projects amid rapid infrastructure and commercial growth.