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

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

Next Story
Infrastructure Energy

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

Next Story
Infrastructure Energy

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?