Nirala World Launches ₹400 Crore Luxury Housing Project in Greater Noida
Unveiling ‘Nirala Trio’: A Premium Investment in Residential Living
Nirala World has announced an ambitious investment of ₹400 crore to develop ‘Nirala Trio,’ a luxury housing project set to reshape Greater Noida’s residential landscape. This exciting initiative comes as a response to the growing demand for upscale living spaces in the region.
Project Insights and Competitive Pricing
Strategically located in Sector 2, Greater Noida West, the ‘Nirala Trio’ project will comprise approximately 400 flats. With all necessary clearances in place and registered under RERA regulations, Nirala World assures potential buyers of compliance and transparency. The luxury units are priced competitively at ₹11,000 per square foot, with total costs ranging from ₹1.4 crore to ₹1.8 crore.
Building on Past Success
Suresh Garg, CMD of Nirala World, expressed optimism about the new project: “This marks our second residential endeavor in the region. Our first project, Nirala Estate, spans 25 acres with 4,050 apartments, of which 3,600 units have already been delivered, and the remaining 450 will soon be ready for possession.” This track record highlights Nirala World’s commitment to quality and customer satisfaction.
Market Dynamics and Future Growth
The company anticipates generating around ₹700 crore in sales from Nirala Trio, reflecting a robust market appetite for housing in Greater Noida. Garg noted the area’s resurgence post-COVID, as buyers increasingly seek reputable developers with proven histories. “The market is active, and we’re poised to meet the demand,” he added.
A Vision for Continued Expansion
Looking ahead, Nirala World is also planning to launch two commercial projects in Greater Noida, further cementing its presence in the flourishing real estate market. With a focus on delivering trustworthy and innovative developments, Nirala World is well-positioned to navigate the evolving landscape of residential and commercial properties.