Gaurs Group Q2 Sales Bookings Jump Six-Fold To Rs. 1,320 Cr. In NCR

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Gaurs Group, a leading developer in the national capital region, sold 3,185 units in the July-September quarter of 2018-19 as compared to 538 units in the year-ago period. In terms of value, the Ghaziabad-based firm achieved sales bookings of ` 1,320 crore in the second quarter of this fiscal as against Rs 220.4 crores in the corresponding period of the previous year.
The bulk of sales came from Gaur City 1 & 2 townships at Greater Noida (West), Gaurs Siddhartham at Ghaziabad, Gaurs Platinum Towers in Noida, Gaur Sportswood in Noida and Gaur Yamuna City township on Yamuna Expressway that connect Noida-Greater Noida to Agra. The buyer’s confidence in the housing sector has improved post implementation of the new realty law RERA that came into effect from May 2017.
Housing demand which was affected badly post demonetization and implementation of two landmark laws the RERA and GST has begun showing improvement.
Gaurs Group has been developing residential and commercial projects since last 23 years and has delivered over 40,000 units. The group today is developing many projects in the NCR.