Tata Group and Gulshan Group to Develop India's Tallest Taj Hotel in Noida
Gulshan Group, a leading real estate developer based in Noida, has partnered with Indian Hotels Company Ltd (IHCL) to invest ₹1,000 crore in developing India's tallest Taj Hotel and Taj-branded serviced apartments in Noida.
Project Details:
- Total investment: ₹1,000 crore
- Expected revenue: ₹2,000 crore
- Location: Sector 129, Noida Expressway
- Completion timeline: 5 years
The project will feature a 150-room Taj hotel and 74 Taj-branded serviced apartments, making it the tallest Taj Hotel in India and the first in Noida.
Key Features:
- 57-storey development with separate entrances for hotel and residential sections
- 2 apartments per floor, spanning from the 17th to the 56th storey, with a single penthouse on the top floor
- Hotel amenities: all-day dining restaurant, bar, 2 speciality restaurants, 8,000 sq. ft. ballroom for conferences and events
- Residential amenities: branded residences with global-standard design and luxury finishes
Quotes:
“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.”
— Gulshan Nagpal, Chairman, Gulshan Group
“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.”
— Yukti Nagpal, Director, Gulshan Group
“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.”
— Puneet Chhatwal, Managing Director and CEO, IHCL
Also Read:
- IHCL bets on branded residences as India’s luxury housing demand grows; targets Tier 1 cities and resort destinations
- From Elie Saab to Four Seasons: Why India’s ultra-rich are betting on branded residences