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AU Real Estate has announced plans to invest INR 1,200 crore in a new residential development in Ghaziabad, Uttar Pradesh. The company has introduced a 5.6-acre housing project named Cosmos Corner in Siddharth Vihar, which will include around 831 residential units. The project is expected to generate an estimated revenue potential of INR 1,600 crore upon completion. The company highlighted the growing appeal of Siddharth Vihar in the NCR housing market. The development is part of AU Real Estate’s ongoing expansion across the Delhi-NCR region with multiple residential projects in progress.
AU Real Estate has announced that it will be investing INR 1,200 crore to develop a new housing project in Ghaziabad, Uttar Pradesh. The announcement was made earlier this week, confirming the company’s expansion in the Delhi-NCR real estate market. Advertisement
The developer has launched a 5.6-acre residential project named Cosmos Corner in Siddharth Vihar, Ghaziabad. The project will comprise approximately 831 residential units, adding to the growing housing inventory in the region.
In its statement, AU Real Estate noted that the project is being developed with a total estimated investment of around INR 1,200 crore and is expected to generate a projected revenue potential of nearly INR 1,600 crore after completion.
Ashish Agarwal, Director at AU Real Estate, stated that Siddharth Vihar is emerging as one of the more promising residential locations in the NCR region, supported by improving infrastructure and growing housing demand. His remarks indicated confidence in the area’s long-term residential growth potential.
AU Real Estate continues to expand its footprint across Delhi-NCR with multiple ongoing residential developments in key micro-markets.
Source PTI
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