ET Realty Industry reported on September 21, 2026, that Gulshan Group and Ourika Estates have formed a development platform to invest over ₹750 crore in two residential projects in Ghaziabad and Lucknow. The projects will have a combined built-up area of about 1.5 million sq ft.
What happened
The platform will cover one residential project in Ghaziabad and another in Lucknow. The combined investment across both projects is expected to exceed ₹750 crore.
Together, the developments will offer about 1.5 million sq ft of built-up area.
Why it matters
The announcement gives buyers, renters and investors the locations, total planned investment and combined size of the two projects. It does not provide project-wise details for Ghaziabad or Lucknow.
Expert view
For property buyers, the disclosed figures apply to the platform’s two-project plan. Project-specific information such as the investment and built-up area for each location has not been provided in the source.
What buyers should check
Buyers should seek project-level details before making a decision, including which development is in Ghaziabad and which is in Lucknow, along with the built-up area and investment planned for each project. The source does not provide these details.
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