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.

\

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.

Related News Articles

EVM Hacking Row: Thackeray and Shinde Engage in Fierce Battle for Maharashtra's Future
Real Estate Maharashtra

EVM Hacking Row: Thackeray and Shinde Engage in Fierce Battle for Maharashtra's Future

The EVM hacking row in Mumbai has sparked a fierce battle between Thackeray and Shinde, with the future of Maharashtra hanging in the balance.

June 17, 2024
Read Article
Repo Rate Stability to Boost Real Estate Sector: What it Means for Homebuyers and Developers
Real Estate

Repo Rate Stability to Boost Real Estate Sector: What it Means for Homebuyers and Developers

The Indian real estate industry and the economy would have greatly benefitted from a rate cut, given that current macroeconomic parameters are favourable.

August 9, 2024
Read Article
Twisted Plot: Real Estate Agent Hires Killers to Eliminate Rival, But Ends Up Dead Too
Real Estate Mumbai

Twisted Plot: Real Estate Agent Hires Killers to Eliminate Rival, But Ends Up Dead Too

Mumbai: In a shocking turn of events, a real estate agent who hired contract killers to eliminate his rival was found dead, along with his intended target.

August 29, 2024
Read Article
Why Small Apartments Are in High Demand in Mumbai's Real Estate Market
real estate news

Why Small Apartments Are in High Demand in Mumbai's Real Estate Market

According to real estate consultants, out of the total monthly sales in Mumbai's real estate market, close to almost half of the sales are for apartments in the range of 500 sq ft to 1,000 sq ft, followed by the second highest of under 500 sq ft.

September 29, 2024
Read Article
Goa Police Book Salcete Couple and Five Others for Rs 100 Crore Fraud
Real Estate Maharashtra

Goa Police Book Salcete Couple and Five Others for Rs 100 Crore Fraud

PANJIM: The Economic Offences Cell (EOC) of Goa Police has taken a significant step in the ongoing investigation by booking a couple from Salcete and five other individuals for a Rs 100 crore fraud scheme that has affected 50 investors.

November 24, 2024
Read Article
Pushpa 2 Advance Booking: Allu Arjun's Film Challenges Baahubali 2, Premium Screening Rates Soar in Mumbai
Real Estate Mumbai

Pushpa 2 Advance Booking: Allu Arjun's Film Challenges Baahubali 2, Premium Screening Rates Soar in Mumbai

The advance booking frenzy for Pushpa 2: The Rule, featuring Allu Arjun, is drawing comparisons to the blockbuster success of Baahubali 2. With ticket sales projected to surpass 5 lakh by Wednesday night, the film is setting a new benchmark in Indian cine

December 1, 2024
Read Article