NCR-based real estate developer, Saya Group has partnered with Mohali-based Harmony Infra to develop an ultra-luxury residential project at Indirapuram in Ghaziabad having a revenue potential of Rs 1,600 crore.
Spanning over two acres of land near Delhi-Meerut Expressway, the Horizon Residences project comprises 264 ultra-luxury units, with configurations ranging from 4 BHK, 4.5 BHK, and 5 BHK (ranging from 362 sq. m. to 474 sq. m.). The staring ticket price of the apartments is Rs 5.85 crore, the company said.
Once known primarily as a mid-segment housing belt, Indirapuram is now witnessing a premiumisation wave, driven by its strategic location between Delhi and Noida, and its proximity to the Delhi–Meerut Expressway and proposed RRTS corridor.
With a total saleable area of 1 lakh square metre, the project will have two towers having a height of 35 floors.
“The land is fully paid-up and is open on two-sides. This is the company’s last available land pocket in central Indirapuram. The project has obtained RERA and other statutory approvals. The estimated top line of the project is Rs 1,600 crore,” Vikas Bhasin, Managing Director, Saya Group, said.
He said that the project will offer over 50 curated luxury amenities, including a 6,225 sq. m. rooftop clubhouse featuring an all-season infinity pool, double-height entrance lobby, boxing ring, squash court, among others.
“We are delighted to announce our collaboration with Harmony Infra for The Horizon Residences. The joint venture is based on the 50:50 revenue share model. Indirapuram has been one of the most sought-after residential hubs in NCR, and this project will mark a new chapter in its luxury real estate story,” he said.
According to market observers, the region’s ready infrastructure, tight land supply, and proximity to major employment centers are prompting developers to reposition Indirapuram as a luxury enclave within eastern NCR.
Improved connectivity, coupled with the arrival of luxury retail and hospitality developments, has made the Ghaziabad submarket an attractive option for affluent buyers seeking both accessibility and value, they said.
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