AU Real Estate has targeted ₹1,600 crore in sales from its 5.6-acre residential development in Ghaziabad, with ticket prices ranging from ₹1.52 crore to ₹2.71 crore. The project offers residences at an introductory base price of ₹6,900 per square foot, reflecting the company's confidence in the Ghaziabad residential market's pricing power. The substantial sales target indicates strong market demand for premium housing in the region, with the project scheduled for completion by 2031.
AU Real Estate has acquired a 5.6-acre land parcel in Siddharth Vihar, Ghaziabad through a competitive auction conducted by the Uttar Pradesh Awas Vikas Parishad at a transaction value of ₹336 crore. The project will be developed via its 100% subsidiary Cosmos REIT Pvt. Ltd., marking a significant expansion of the company's development portfolio in the National Capital Region. The acquisition represents a strategic move to secure prime real estate in one of NCR's most promising residential destinations.
The Cosmos Corner project spans approximately 5.6 acres and will comprise around 831 residential units across 40 floors, featuring three high-rise towers named Jagannath, Balabhadra, and Subhadra. The development offers three residential configurations including spacious 3BHK apartments of 1,780 sq. ft., expansive 3BHK + multipurpose room residences spanning 1,972 sq. ft., and ultra-luxurious 5BHK homes spread across 3,175 sq. ft.. According to Ashish Agarwal, Director at AU Real Estate, the project has been designed with open layouts, abundant natural light, expansive sundecks, and low-density planning to offer an elevated living experience.
The project carries an estimated total investment of approximately ₹1,200 crore and carries a projected revenue potential of ₹1,600 crore upon completion. This represents an estimated revenue multiple of approximately 1.33 times the total investment amount, indicating strong market demand and pricing power in the Ghaziabad residential market. The substantial investment reflects AU Real Estate's confidence in the region's growth potential and the project's ability to generate significant returns for stakeholders.
Strategically positioned in Siddharth Vihar along Delhi–Meerut Expressway, Cosmos Corner offers seamless connectivity to Noida, Indirapuram, Delhi, and major NCR corridors. Key landmarks and transit nodes in close proximity include Noida Sector 62, Electronic City Metro Station, Shaheed Sthal Metro Station, and Ghaziabad Railway Station, ensuring ease of daily commuting across the region. The project benefits from recent infrastructure developments, with the Uttar Pradesh government recently approving the construction of two additional ramps on the Hindon Elevated Road to improve regional connectivity and commuter accessibility.
The AU Real Estate investment comes amid a significant housing boom in Ghaziabad, with the company recently securing selling rights for 609 residential units at stalled Amrapali projects — Aspire Leisure Valley and Aspire Centurion Park in Noida-Greater Noida — for ₹1,069 crore from the state-run NBCC. Earlier, AU Real Estate had also secured selling rights for Aspire Silicon City for ₹1,468 crore. These acquisitions demonstrate the company's aggressive expansion strategy in the NCR region, positioning Cosmos Corner as a landmark development that will stand out in the competitive real estate landscape.
