Nirala World Sells Studio Apartments Worth ₹275 Cr in Soft Launch of Commercial Project in Greater Noida West

Noida, September1, 2024: Nirala World sold studio apartments worth INR 275 crore at its Nirala Gateway project in Sector 12, Greater Noida West. Following the soft launch, all 400 studio apartment units released for sale were sold out.

The project spans 10,400 sq mt and is accessible by three sides via 130-meter, 80-meter and 24-meter-wide roads and is situated at Sri Rajesh Pilot Chowk with Sector 12 and adjoining Sector 10 in Greater Noida West, which is a rising hub of premium residential projects.

The  USP of the Project is its location, which is in a prime corner of Sector 12, surrounded by a dense catchment of residents from established societies, institutional area, data centre and 150 acre IT hub.

The project also enjoys excellent connectivity to Noida, Gaur Chowk, the upcoming metro station in the area, the FNG Expressway and Delhi–Meerut National Highway, and is just a 40-minute drive from the upcoming Jewar Airport. Nirala Gateway offers excellent connectivity, visibility and footfall.

Nirala Gateway includes studio apartments ranging from 612 to 1,122 sq ft in size. Prices start at INR 65 lakh with delivery expected by 2029. The studio apartments feature a double-height lobby, restaurant, gym, steam room, sauna and jacuzzi, lending them a premium and ambient appeal.

The project is designed as a five-stage high-street shopping mall, featuring retail shops, anchor stores, restaurants, offices and studio apartments. The project will include high-speed elevators and escalators, CCTV surveillance and a modern gymnasium. The building will also be equipped with high-performance glazing and LED lighting.

According to Suresh Garg, CMD, Nirala World, “We are delighted with the tremendous response received during the soft launch of the studio apartments in Nirala Gateway. This project represents our inaugural large-scale commercial venture in Greater Noida West.”

It is expected to incur a construction cost of approximately INR 300 crore with completion anticipated around 2029. “We are confident that the project will become a landmark in Greater Noida West once completed.”