Gaursons India
 | A major contributor to this article appears to have a close connection with its subject. (March 2023) |
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| Company type | Public |
|---|---|
| Industry | Real estate, Construction, Hotels, Contracting, Education, Infrastructure. |
| Founder | B. L. Gaur |
| Headquarters | |
Key people | Manoj Gaur (Chairman and Managing Director), Manju Gaur (Director) and Sarthak Gaur (Director) |
| Website | www |
Gaurs Group: A Pillar of Indian Real Estate with Ambitious Growth Plans
Founded on the twin principles of quality and timely delivery, Gaurs Group, formally known as Gaursons India Private Limited (GIL), has emerged as a trusted leader in India's real estate sector. Renowned for its prestigious residential, commercial, and retail developments primarily across the Delhi-NCR region, the company has consistently delivered top-tier real estate projects, blending engineering excellence with customer-focused business ethics.
Historical Overview
[edit]Established in 1995, Gaurs Group began its journey with a modest apartment project in Sahibabad. From these early endeavors, the company has grown rapidly, delivering over 65 projects spanning more than 6 million square meters (approximately 60 million square feet). This exponential growth has positioned Gaurs Group as a significant force in the Indian real estate landscape, with a strong reputation for delivering large-scale, high-quality properties.
Core Values and Business Philosophy
[edit]Gaurs Group's success is deeply rooted in its commitment to robust engineering, uncompromising ethics, and a relentless pursuit of excellence. These principles are not mere aspirations but integral to its operations, ensuring that every development enhances the quality of life for its residents and users. By incorporating innovative designs and advanced technology, the company consistently meets the expectations of discerning clients.
Transparency and customer security are central to Gaurs Group's approach, with the company fully adhering to legislative frameworks such as the Real Estate (Regulation and Development) Act, 2016 (RERA). Gaurs Group ensures clarity and assurance in all transactions, reinforcing customer trust.
Achievements and Growth
[edit]In a relatively short span, Gaurs Group has made its mark as a premier developer, appealing to clients seeking to redefine their living standards. With a professionalized approach to real estate development, the company consistently maintains high standards of quality and customer satisfaction.
- Over 650 million square feet of real estate developed.
- More than 65,000 units delivered.
- 100,000+ happy customers.
- 45,000+ possessions handed over between 2014 and 2023.
- 30 years of continuous performance in the industry.
Upcoming Projects and Growth Plans
[edit]Gaurs Group's vision for future growth is ambitious, with a strong focus on expanding both its residential and commercial portfolios. Some of the notable upcoming projects and growth plans include:
- Commercial Projects:
- A ₹4,000 crore commercial project on the Noida Expressway, covering 5 million square feet. This project will include retail space, office areas, and a 300+ key hotel, with construction set to begin by March 2024. It marks a significant shift towards building rental assets and increasing the company's rental income. .
- Residential Projects:
- The launch of Gaur NYC Residences, a luxury housing project in Ghaziabad, which was met with tremendous demand. Gaurs Group sold ₹3,100 crore worth of units in just three days. Business & Finance India News - https://www.business-standard.com/companies/news/gaurs-group-plans-ipo-in-next-18-months-to-tap-growth-potential-cmd-124091700314_1.html .
- IPO and Future Expansion:
- Gaurs Group is planning an Initial Public Offering (IPO) within the next 18 months to leverage the booming demand for real estate. This will help the company further expand its housing and commercial projects Business & Finance India News - https://www.business-standard.com/companies/news/gaurs-group-plans-ipo-in-next-18-months-to-tap-growth-potential-cmd-124091700314_1.html .
- The company is continuously expanding its land bank, focusing on acquiring strategic parcels for future developments Hindustan Times - https://www.hindustantimes.com/real-estate/gaurs-group-planning-to-launch-an-ipo-in-the-next-one-or-two-years-more-luxury-project-launches-in-the-offing-101726566666587.html .
Conclusion
[edit]Gaurs Group has established itself as a pioneering force in India's real estate industry, setting new benchmarks for quality, customer satisfaction, and innovation. With its strong commitment to transparency and timely delivery, the company is well-positioned for significant growth, fueled by a robust pipeline of upcoming projects and its planned IPO. As it continues to expand, Gaurs Group remains dedicated to enhancing the urban landscape of India and delivering unparalleled value to its customers.
References
[edit]External links
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