Gaurs Group Makes History with Live Lottery for Over-Subscribed Gaur NYC Residences Project

In a first for the real estate industry, Gaurs Group conducted a live lottery on YouTube to finalize buyers for its highly sought-after Gaur NYC Residences project.

Gaurs GroupGaur Nyc ResidencesLive LotteryReal EstateLuxury ApartmentsReal EstateSep 07, 2024

Gaurs Group Makes History with Live Lottery for Over-Subscribed Gaur NYC Residences Project
Real Estate:Gaurs Group, a leading real estate developer, made history on September 6th, 2024, by conducting a live lottery on YouTube to finalize buyers for its prestigious Gaur NYC Residences project. The project, which features 1,200 luxury apartments, received an overwhelming response from prospective buyers, with over 3,000 expressions of interest (EOIs) received within 24 hours of getting RERA approval.

The live lottery was conducted to ensure transparency and fairness in the booking process, and was reviewed and monitored by independent consulting firm, Grant Thornton Bharat LLP. The event was telecast live on YouTube, allowing all applicants to witness the allocation process.

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Frequently Asked Questions

What is the significance of the live lottery conducted by Gaurs Group?

The live lottery was conducted to ensure transparency and fairness in the booking process for the Gaur NYC Residences project.

How many expressions of interest (EOIs) were received for the Gaur NYC Residences project?

Over 3,000 EOIs were received within 24 hours of getting RERA approval.

What are the standout amenities of the Gaur NYC Residences project?

The project boasts a 3-floor clubhouse inspired by Madison Square, spanning almost 60,000 sq ft, and a 118-meter-long swimming pool.

Where is the Gaur NYC Residences project located?

The project is strategically located on an 11.8-acre plot along the Delhi-Meerut Expressway.

What is the total value of the Gaur NYC Residences project?

The project has a topline of close to Rs 3,000 crore.

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