Home / Business and Economy / County Group Secures 5 Acres in Noida for Rs 475 Crore Housing Project
County Group Secures 5 Acres in Noida for Rs 475 Crore Housing Project
24 Nov
Summary
- County Group acquired 5 acres of land in Noida Sector 151.
- The land was purchased through a government auction for approximately Rs 475 crore.
- The developer plans to build 226 residential units on the site.
County Group has made a significant move in the Delhi-NCR real estate market by purchasing 5 acres of land in Noida's Sector 151 for approximately Rs 475 crore through a state government auction. This prime location will serve as the foundation for an exclusive housing project, meticulously planned with only 226 residential units and a substantial development area exceeding 11 lakh square feet.
The developer's recent activity includes delivering over 40 lakh square feet across three housing projects in 2024. Looking ahead, County Group has already launched two major ventures in 2025: Ivory County in Sector 115, Noida, a sprawling 63-lakh square feet luxury project, and Jade County on NH24, Ghaziabad, spanning 30 lakh square feet.
This land acquisition by County Group occurs amidst a robust property market in Noida and Greater Noida, fueled by major infrastructure enhancements, including the forthcoming international airport. Development authorities are actively monetizing land parcels through auction processes, reflecting the growing demand and investment in the region.
