Nimbus Group Revises Estimated Sales Value of The Arista Luxe Upward to Rs 2,000 Crore
Noida, August 18, 2026: Nimbus Group has announced that its luxury residential project, The Arista Luxe in Sector 168, Noida, has reached an advanced stage of construction, with its estimated sales value revised upward to approximately Rs 2,000 crore. Nimbus Projects Limited, which is executing the project as Co-Developer and has been recognised as Co-Promoter by UP RERA, has invested Rs 414.62 crore in the development as of June 30, 2026. The project comprises four towers—5, 7, 8, and 9—with 344 flats and a dedicated club spread across a total development area of 12,161.97 square metres, Nimbus Group said in a press release.
The development brings together the appeal of a luxury residential address in Sector 168 with a limited configuration of four towers and 344 residences. Positioned for buyers looking for a premium residential address in Noida, the project features a dedicated club alongside its four residential towers.
“The Arista Luxe is an important project for us, both in terms of its scale and our involvement in its development. The upward revision in its estimated sales value reflects the opportunity that the project presents. Going forward, we see plotted developments and wellness-oriented townships as a natural extension of our experience, particularly in emerging cities where organised development is gaining ground,” said Bipin Agarwal, Chairman and Managing Director, Nimbus Projects Limited.
The Arista Luxe is part of the wider portfolio of Nimbus Projects, which had an aggregate sale value of Rs 3,519.26 crore as of June 30, 2026, across six completed and ongoing projects. The portfolio covers 91.02 lakh square feet of saleable area, of which 76.59 lakh square feet has been sold, with Rs 2,878.51 crore received against the sold area.
The project update comes alongside stronger sales momentum across the company’s operations. Nimbus recorded pre-sales of Rs 157.36 crore in Q1 FY27, representing a 134.31 percent increase from Rs 67.16 crore a year earlier, while customer collections rose 49.75 percent to Rs 75.91 crore from Rs 50.69 crore.
The company is now looking to expand beyond the NCR through plotted developments and wellness-oriented township projects in Tier-II and Tier-III cities. The Group has signed a memorandum of understanding for a 25-acre township project in Mathura and is actively evaluating opportunities in other emerging markets. The Group maintains a diversified business presence spanning real estate, hospitality, and financial services, alongside its core development activities.
