Aurika Group unveils Rs 2.2B expansion in Ayodhya, Bareilly
Real Estate

Aurika Group unveils Rs 2.2B expansion in Ayodhya, Bareilly

New-age real estate developer Aurika Group has rolled out a Rs 2.2 billion expansion plan targeting Tier-II cities in Uttar Pradesh, with new launches in Ayodhya and Bareilly. The company has secured RERA approvals for two projects in Bareilly and one in Ayodhya as part of its strategy to scale in high-potential urban hubs.

In Ayodhya, Aurika will develop a 150-key serviced suites project on the prominent 14 Koshi Parikrama Marg, in partnership with Best Western Hotels. The property aims to tap into the city’s growing religious tourism and will feature premium suites, rooftop dining, wellness amenities, and spiritual experiences—all under the Best Western brand.

Meanwhile, in Bareilly, the group has announced a gated villa community on a 5.50-acre site. This follows two ongoing developments: the sold-out "The Residences, Bareilly" and "Aurika Avenue," a mixed-use project coming up on Bada Bypass. Together, Aurika’s Bareilly portfolio is expected to generate over Rs 3.5 billion in revenue.

“Our investments reflect the aspirations of emerging India,” said Prasoon Chauhan, Founder & CEO of Aurika Group. “Ayodhya brings spiritual gravity, Bareilly offers urban vibrancy—both are crucial to our growth story. We’re focused on projects that merge modern needs with cultural relevance.”

Chauhan added that the group is actively exploring joint ventures and development agreements across Tier-II markets in North India to deepen its footprint.

Image source:moneycontrol

New-age real estate developer Aurika Group has rolled out a Rs 2.2 billion expansion plan targeting Tier-II cities in Uttar Pradesh, with new launches in Ayodhya and Bareilly. The company has secured RERA approvals for two projects in Bareilly and one in Ayodhya as part of its strategy to scale in high-potential urban hubs. In Ayodhya, Aurika will develop a 150-key serviced suites project on the prominent 14 Koshi Parikrama Marg, in partnership with Best Western Hotels. The property aims to tap into the city’s growing religious tourism and will feature premium suites, rooftop dining, wellness amenities, and spiritual experiences—all under the Best Western brand. Meanwhile, in Bareilly, the group has announced a gated villa community on a 5.50-acre site. This follows two ongoing developments: the sold-out The Residences, Bareilly and Aurika Avenue, a mixed-use project coming up on Bada Bypass. Together, Aurika’s Bareilly portfolio is expected to generate over Rs 3.5 billion in revenue. “Our investments reflect the aspirations of emerging India,” said Prasoon Chauhan, Founder & CEO of Aurika Group. “Ayodhya brings spiritual gravity, Bareilly offers urban vibrancy—both are crucial to our growth story. We’re focused on projects that merge modern needs with cultural relevance.” Chauhan added that the group is actively exploring joint ventures and development agreements across Tier-II markets in North India to deepen its footprint.Image source:moneycontrol

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength”, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?