Gulshan Group to Invest ₹1,000 Crore in North India’s First Taj Branded Residences

Noida, March 19, 2026:

Gulshan Group, a real estate developer in North India, has announced a landmark partnership with the Indian Hotels Company (IHCL) to develop a luxury hotel and the first Taj Branded Serviced Apartments in the region. The greenfield project, located in Sector 129 along the Noida Expressway, involves a total development investment of approximately ₹1,000 crore. Upon completion, the development is expected to stand as the tallest Taj hotel in India and is projected to generate a total revenue of around ₹2,000 crore, the company said in a press statement. 

The ambitious project is designed to redefine the luxury landscape of the National Capital Region (NCR), blending high-end hospitality with premium residential real estate. The development will feature a 150-room Taj hotel equipped with an 8,000 sq. ft. ballroom, specialized dining outlets, and a J Wellness Circle. Complementing the hotel are 74 ultra-luxury Taj Branded Serviced Apartments, with each unit spanning approximately 7,500 sq. ft. Residents will have access to an exclusive club featuring infinity pools, terraced gardens, and private lounge spaces.

The collaboration marks a strategic move for both entities as Noida evolves into a global hub for corporate expansion and elite lifestyle infrastructure. Gulshan Nagpal, Chairman of Gulshan Group, emphasized the legacy-building nature of the venture. “This collaboration represents more than a partnership — it is a convergence of two legacy-driven brands committed to excellence. Bringing Taj to Noida under Gulshan’s vision is our way of shaping the city’s luxury narrative and delivering an address that will stand as a benchmark for generations to come. We are investing INR 1,000 crores to not only make it iconic but also one of its kind branded serviced apartments in India,” Nagpal stated.

Adding to the vision of the project, Yukti Nagpal, Director of Gulshan Group, highlighted the scale of the architectural ambition. “This project is our statement to the industry — reimagining luxury beyond traditional boundaries by blending the glamour of hospitality with the magnanimous scale of real estate. At Gulshan Group, we are driven by trust, design integrity, and a long-term vision. In partnership with Taj, we are envisioning what we believe will be India’s tallest Taj — a global-standard address destined to become one of the most iconic landmarks in the country,” she added.The move also aligns with broader economic trends in India, where the demand for branded residences is surging alongside rising affluence.

Puneet Chhatwal, Managing Director & CEO of IHCL, noted the significance of the development for the region’s market. “India is among the top five global economies and the rising affluence levels is leading to demand for luxury products and services including branded residences in urban centres. The unveiling today of this landmark development of a Taj hotel and branded residences will set a benchmark in luxury in the National Capital Region. We are delighted to progress this partnership with the Gulshan Group,” Chhatwal said.

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