AU Real Estate Secures Aspire Silicon City Phase 4 Project in NBCC Digital Auction

AU Real Estate has secured the Aspire Silicon City Phase 4 project in a digital auction conducted by NBCC (India) Ltd. The transaction has been valued at Rs 1,467.93 crore, as announced by NBCC to the National Stock Exchange. The project, spanning approximately 8.5 acres, is a premium development that has been tailored to meet current market demands by offering larger home sizes instead of flats. The project comprises 7 towers with around 600 units, of which 5 towers, totaling 446 units, were awarded in this auction.

The current layout includes a mix of large 3 BHK + Study and 4 BHK + Study apartments, along with a limited number of penthouses. Aspire Silicon City Phase 4 boasts a G+4 storey Club House equipped with modern facilities such as a Swimming Pool, Gym, Jacuzzi, Steam/Sauna, Business Centre, Play Zone, 2 Banquet Halls, and open green party lawns. Out of the 7 towers, 3 are 2 to a core, and the remaining 4 are 3 to a core, with both inside and outside terraces in all units.

The project is located in a well-developed residential sector, offering strong connectivity to the Noida–Greater Noida Expressway, Aqua Line metro stations (Sector 50 and 76), and arterial roads including the FNG Corridor. It is also within close proximity to educational institutions, hospitals, and retail zones such as Sector 18, making it an attractive option for homebuyers. Market experts predict that the project will attract significant buyer interest due to its favorable pricing and prime location.

The surrounding micro-market has seen steady absorption for larger-format homes with enhanced lifestyle amenities. The project has been designed by Gautam & Gautam Architects, a renowned firm known for its work on notable projects such as Manav Rachna International School, Tao Devilal Agricultural University, Asian Institute of Medical Sciences, The Palm Village, and MVN Sports Complex. This design expertise ensures that the Aspire Silicon City Phase 4 project will meet the high standards expected by modern homebuyers.

In summary, the acquisition of the Aspire Silicon City Phase 4 project by AU Real Estate is a significant milestone, reflecting the company's commitment to delivering premium residential developments that cater to the evolving needs of the market. With its strategic location and premium amenities, the project is poised to become a desirable residential destination in the Noida region.