The Skyline Shifter: Gulshan Group’s ₹1,000 Cr Taj Masterpiece

Gulshan Group has announced an investment of ₹1,000 crore to develop a Taj-branded luxury hotel and residences in Noida, marking the city’s first Taj hotel and the tallest property in the brand’s portfolio.

The project, being developed in partnership with Indian Hotels Company Limited, will feature a 150-key hotel, 74 luxury apartments, and a penthouse. Construction is already underway, with completion expected within five years. While the hotel and penthouse will be retained by the developer, the sale of the residential units is projected to generate revenues exceeding ₹2,000 crore.

Located in Sector 129 along the Noida Expressway, the greenfield development will be the second Taj-branded residential project in the country. The serviced apartments will be positioned in the ultra-luxury segment, with each unit spanning approximately 7,500 sq. ft.

The project aims to set a new benchmark for luxury living in the National Capital Region by blending premium hospitality with high-end residences, further establishing Noida as a key destination for upscale urban development. Puneet Chhatwal noted that rising affluence in India is fuelling demand for luxury offerings and branded residences across major urban centres.

News by Rahul Yelligetti.