Real estate developer County Group has sold 500 luxury apartments for Rs 16 billion in the first phase of its newly launched residential project, Jade County, located along NH24 in Ghaziabad. The announcement was made on Saturday following a surge in demand for premium homes in the Delhi-NCR region.

The flats, priced between Rs 25 million and Rs 60 million, were fully sold out shortly after the phase one launch. This phase spans a developable area of 1.5 million square feet.

In June, County Group had announced an investment of Rs 18 billion to develop the Jade County project, which will comprise 1,000 units in total. The full project spans 13.33 acres with a total development potential of 3 million square feet. The land parcel was acquired for Rs 4 billion within Wave Group’s integrated township, Wave City.

Amit Modi, Director of County Group, attributed the swift sales to the project’s strategic location, rising demand for luxury housing in Delhi-NCR, and the company's strong reputation for timely delivery. He added that the project will be developed in line with green building norms, with phased handovers expected from 2030.