Gulshan Homz was founded in 1989 by Gulshan Nagpal, starting with independent homes in East Delhi before pivoting to large-format multi-housing projects across the Delhi-NCR belt. By the time the developer reported FY20 sales, it had delivered 4,581 residential units across projects including Gulshan Ikebana and Gulshan Botnia in Noida's Sector 143 corridor, and had already launched Gulshan Dynasty — an ultra-luxury high-rise in Sector 144 on the Noida Expressway. Greater Noida, in both its western extension and its Yamuna Expressway corridor, represents the next phase of that same geographic arc the developer has traced for over three decades.
Today Gulshan Homz is active in Greater Noida across two geographically and product-profile distinct sites: Gulshan Avante in Sector 16B of Greater Noida West, and Gulshan Yamuna Expressway in Sector 22D along the Yamuna Expressway. Both sit inside a market that ANAROCK data shows has appreciated roughly 98% between Q1 2020 and early 2025, yet they serve meaningfully different buyers.
Gulshan Avante occupies Plot GH-03A in Sector 16B, Greater Noida West — the area also known as Noida Extension. The project was launched in May 2023 and is registered under UP-RERA (UPRERAPRJ860880). It is a deliberately constrained development: two towers of G+24 floors on approximately 1.3 acres, with just 92 apartments in total and only two units per floor. Every apartment is a 4 BHK of 3,200 sq ft, priced from around ₹3.68 crore upward — a ticket size well above the Sector 16B locality average of roughly ₹8,200 per sq ft, with Gulshan Avante asking prices running at approximately ₹10,500 per sq ft.
The architectural language is Art Deco — geometric lines, double-height entrance lobbies, and a rooftop knife-edge pool. The clubhouse sits on the first floor; a 15-seat rooftop cinema and a dedicated yoga and meditation pavilion sit higher up. The master plan integrates central lawns, a kids' play area, and a dedicated commercial plaza. Floor-to-floor height is 3.5 metres, and every apartment includes a family sit-out deck connected to the living room. Security runs to a six-tier system. RERA possession is targeted for April 2028.
For a buyer, the pitch from Sector 16B is primarily scale and price efficiency. Greater Noida West recorded a 24% single-year price jump to approximately ₹8,450 per sq ft by end-2024, driven by sustained demand from professionals employed in the nearby IT and industrial clusters. Rental yields for 2-BHK units in Greater Noida West ranged from ₹17,000 to ₹24,000 per month in Q3 2024. The area connects to NH-24, the Greater Noida West Link Road (0.3 km from the site), and Bisrakh Road (1.0 km). Ryan International School is 2.1 km away; Kashvi Multispeciality Hospital is 1.9 km away. The broader Greater Noida West micro-market is also watching for the Noida Metro Aqua Line extension, which would tighten commute times to central Noida significantly when operational.
Gulshan Yamuna Expressway occupies Plot GH-12, Sector 22D, developed under the Yamuna Expressway Industrial Development Authority (YEIDA) master plan. Sector 22D sits between the established Greater Noida urban belt to the north and the Noida International Airport at Jewar to the south — approximately 10 minutes from the airport by the Yamuna Expressway. The six-lane, 165-km access-controlled highway connects Greater Noida directly to Agra, with Delhi and Faridabad accessible northward.
Gulshan's offering here spans 3 BHK, 4 BHK, and 5 BHK apartments with smart home automation. The project specifies Vastu-compliant layouts, modular kitchens, spacious balconies, and a full amenity stack: swimming pool, clubhouse, party hall, spa, cycling track, reflexology track, senior citizen deck, and a sports zone. Sustainability features include on-site waste management, rainwater harvesting, and energy-saving systems.
The Sector 22D thesis is structurally distinct from Greater Noida West. This is an airport-corridor bet. Jewar is planned as one of Asia's largest airports, and YEIDA has also earmarked land nearby for a proposed Film City and a logistics hub. YEIDA is planning two metro lines — one linking Greater Noida to Jewar and another connecting residential, commercial, and rural zones along the expressway. Launch-stage pricing across premium projects in Sector 22D has been running at approximately ₹8,999–₹9,500 per sq ft (BSP), putting a configured 3 BHK at roughly ₹1.3–₹1.8 crore. The sector also offers direct access to business and IT parks including Stellar Business Park and NIIT Technologies Campus, and is within a 25-minute drive of the established social infrastructure around Pari Chowk in Greater Noida.
Greater Noida has led NCR's residential recovery since 2020. Average prices climbed from ₹3,340 per sq ft in Q1 2020 to ₹6,600 by Q1 2025 — a 98% increase over five years — while unsold inventory across NCR fell roughly 50% in the same period. In Q1 2025, Greater Noida recorded a 25% quarter-on-quarter growth in residential sales, the highest across the entire NCR. The city's residential sector commands an 18% share of NCR's total property market. Property registrations in Noida and Greater Noida rose 6% in the July–September 2024 quarter, with Greater Noida accounting for 62% of those transactions.
Despite this appreciation, Greater Noida's average residential price of approximately ₹6,600–₹7,400 per sq ft in early 2025 still sat well below Noida at ₹14,946 per sq ft and Gurgaon at ₹11,300 per sq ft — a gap that continues to attract buyers priced out of more central NCR markets. For Gulshan specifically, both project addresses are positioned at the premium end of their respective micro-markets, which historically retains value better than the mid-segment in appreciating corridors.
Across its active NCR portfolio, Gulshan Homz has developed residential assets spanning Indirapuram, Sector 121 Noida (the Homes 121 joint venture with Ajnara), Sector 137 Noida (Gulshan Vivante, on the Noida–Greater Noida Expressway), and the Noida Expressway corridor at Sectors 143 and 144. The developer has historically concentrated in Noida's expressway belt before extending into Greater Noida. The two current Greater Noida projects — one in the city's western residential extension, one on its southern expressway corridor — represent a deliberate geographic diversification within the same broader NCR geography the developer has worked in since the early 1990s.
| Project | Location | Configuration | Site Area | Total Units | RERA |
|---|---|---|---|---|---|
| Gulshan Avante | Sector 16B, Greater Noida West | 4 BHK (3,200 sq ft) | ~1.3 acres | 92 (2 towers, G+24) | UPRERAPRJ860880 |
| Gulshan Yamuna Expressway | Sector 22D, Yamuna Expressway | 3, 4 & 5 BHK | – | – | – |