Gaurs Group Invests INR 7 billion in Noida and Jaypee Greens

26 Sep 2023 CW Team

Noida's Gaurs Group has made substantial investments totaling INR 7 billion in two recent project acquisitions. The acquisitions include 18 acres of prime land in Sector 129 of Noida and a previously stalled project within Jaypee Greens in Greater Noida. These transactions have been confirmed by three reliable sources.

The newly acquired land in Noida's Sector 129 will be utilized for the development of a Grade-A retail and office project. Additionally, in Jaypee Greens, Gaurs Group plans to revive two halted residential towers and introduce an extra 1.5 million square feet of space. Manoj Gaur, Chairman of Gaurs Group, has confirmed these deals and emphasized the strategic significance of both locations.

Gaur remarked, "The land in Sector 129 holds great potential for residential development, and we are currently in the planning phase. Given its prominent location along the main Noida Expressway, we will undoubtedly incorporate office and retail components as well."

This acquisition comes on the heels of Gaurs Group's INR 200 crore investment in Jaypee Greens last year, aimed at developing a luxury group housing complex called 'The Island.' This luxury project, spanning 1.3 million square feet, received an additional INR 5 billion in investment. The newly acquired land in Jaypee Greens is conveniently situated near 'The Island' project, and Gaurs Group secured it for an additional INR 2 billion.

Gaurs Group had previously announced an ambitious investment plan of around INR 100 billion over a five-year period in the National Capital Region.

Infrastructure Urban

30 Jul 2026

Centre Clears Power Distribution Upgrade for Uttar Pradesh

The Central Government has approved power distribution projects worth Rs 407.39 billion for Uttar Pradesh under the Revamped Distribution Sector Scheme (RDSS). The investment will be used to modernise the state's electricity distribution infrastructure and strengthen network capacity across urban and rural areas. The package targets one of the country's largest distribution networks as the state experiences rapid urbanisation and rising electricity consumption. Planned interventions include the strengthening of distribution lines, modernisation of substations, replacement of ageing electrical ..

India Data Centres To Consume 191 TWh By 2040 Driving Renewables

A Wood Mackenzie report says India's operational data centre capacity is projected to increase more than fivefold to 12 gigawatt (GW) by 2030 from 2.2 GW in 2025 as artificial intelligence (AI) and cloud computing drive demand. It projects electricity consumption to rise from 10 terawatt-hour (TWh) in 2025 to 191 TWh by 2040. The study forecasts a compound annual growth rate of around 40 per cent and notes AI-dedicated capacity will surge nearly 24-fold from 275 megawatt (MW) in 2025 to 6,546 MW by 2030. The report places India's digital economy at Rs 32 trillion (tn) in 2025 and says it contr..

Hydrogen Train Completes 1,200 Kilometres Of Trials

India's first hydrogen train was flagged off between Jind and Sonipat on July 17 and has travelled over 1,200 kilometres in trials, saving diesel consumption of more than 3,200 litres, a Railway Ministry press release said. The deployment marks the introduction of a zero-emission fuel cell train into route testing and represents a milestone in domestic rail innovation. The train generates electricity onboard through a chemical reaction between hydrogen and oxygen, producing electricity to propel the vehicle while emitting only water vapour as a by-product. There is no smoke and no tailpipe car..