Noida, September 21, 2026: Building on over three decades of trust, design excellence and execution, Gulshan Group, one of North India’s established premium real estate brands, has announced a strategic development platform with Ourika Estates to create a portfolio of premium residential addresses across high-growth urban corridors.
The platform brings together Gulshan Group’s legacy, institutional strength and expertise in premium residential development with Ourika Estates’ focus on emerging growth markets, with a shared vision to create thoughtfully designed, future-ready communities that respond to the evolving aspirations of today’s homebuyers.
As part of the first phase of this partnership, the platform has secured two strategically located land parcels in Ghaziabad and Lucknow, acquired directly from the respective development authorities through auction. Over the development lifecycle of these two projects, the platform plans to invest over ₹750 crore towards creating approximately 1.50 million sq. ft. of built-up area across premium residential developments.
The initial developments mark the beginning of a larger expansion roadmap, with the platform actively evaluating opportunities across North India’s emerging growth corridors.
Two Strategic Residential Addresses
Ghaziabad – Madhuban Bapudham
The first land parcel spans approximately 8,750 sq. mtr. in Madhuban Bapudham, Ghaziabad, and has been acquired directly from the Ghaziabad Development Authority (GDA) through auction.
Strategically positioned within the evolving NCR landscape, the location benefits from connectivity to NH-24, the Delhi–Meerut Expressway and the RRTS corridor, providing access to Delhi, Noida and other key employment and commercial hubs.
The development is envisioned as a premium residential address combining thoughtful planning, contemporary architecture and an elevated lifestyle experience.
Lucknow – Gomti Nagar Extension
The second land parcel, spread across approximately 10,328 sq. mtr., is located in Gomti Nagar Extension, Lucknow, and has been acquired from the Lucknow Development Authority (LDA) through auction.
Located close to Shaheed Path, Gomti Nagar Extension, IT City and Lucknow International Airport, the micro-market is emerging as one of the city’s important residential and economic growth corridors.
The project will be designed around the aspirations of a new generation of homeowners seeking premium residences, seamless connectivity, quality and a more evolved lifestyle.
Mr. Gulshan Nagpal, Promoter, Gulshan Group, said: “For more than three decades, Gulshan has been guided by a simple belief — that a home should be more than a structure; it should be an experience shaped by thoughtful design, quality and a deep understanding of how people aspire to live. As North India’s growth corridors evolve, we see a significant opportunity to take this philosophy into new markets.
Our association with Ourika Estates is a deliberate step towards creating a larger portfolio of premium, future-ready residential addresses. We aim to bring together design excellence, sustainability, quality construction and an elevated lifestyle experience while continuing to uphold the trust that has defined Gulshan over the years.”
Mr. Deepak Kapoor, Promoter Gulshan Group, said: “Our association with Ourika Estates brings together a shared vision to create exceptional residential addresses in some of North India’s most promising growth corridors. With these two strategically located developments in Ghaziabad and Lucknow, we are extending the Gulshan philosophy of quality, design and elevated living into new markets.
These developments will be shaped around the aspirations of a new generation of homeowners, with a strong emphasis on thoughtful architecture, contemporary lifestyles and uncompromised execution. This marks the beginning of a larger journey for Gulshan as we continue to create distinctive destinations that reflect our belief in building spaces that deliver exceptional living experiences.”
Mr. Prasoon Chauhan, Director, Ourika Estates, said: “To align with an industry stalwart like Gulshan Group is a defining milestone for Ourika Estates. Gulshan’s unmatched legacy of quality and execution gives this platform an unshakeable market standing. With an initial investment outlay exceeding ₹750 crore, this vehicle is built to perform. Together, we are targeting high-potential locations to build world-class apartments that set a new paradigm for premium urban living.”
Building the Next Chapter of Premium Living
The partnership is designed to create more than residential developments; it aims to establish distinctive lifestyle addresses in markets witnessing significant infrastructure, economic and demographic transformation.
With Ghaziabad and Lucknow forming the first phase, the platform will continue to evaluate strategic opportunities across North India where evolving infrastructure and changing consumer aspirations are creating demand for high-quality premium housing.
For Gulshan Group, the initiative represents a natural extension of its journey — taking its philosophy of quality, design and elevated living beyond established markets and into the next generation of growth corridors.
About Gulshan Group
Established over three decades ago, Gulshan Group has built a strong reputation for premium residential and commercial developments across the Delhi-NCR region. The Group has consistently focused on quality, architectural distinction, innovation and customer experience.
About Ourika Estates
Ourika Estates is a progressive real estate developer focused on India’s emerging growth markets. With a presence across key urban centres in Uttar Pradesh, including Bareilly, Ayodhya, Ghaziabad and Lucknow, the company focuses on creating future-ready residential developments through strategic partnerships, thoughtful planning and a strong understanding of evolving urban markets.
The association with Gulshan Group represents a significant step towards creating a broader portfolio of premium residential developments and lifestyle destinations across North India.
