Gulshan Group, IHCL to Develop Rs 1,000 Cr Taj Hotel and Serviced Apartments in Noida

Gulshan Group has partnered with Indian Hotels Company Limited to develop a Taj hotel and Taj-branded serviced apartments in Noida. The project involves a total development investment of around Rs 1,000 crore and is expected to generate revenue of approximately Rs 2,000 crore.

Located in Sector 129 along the Noida Expressway, the greenfield development is set to become the tallest Taj hotel in the country, positioning Noida as a growing hub for luxury hospitality, business and premium living.

The project will be developed by Gulshan Group and will feature high-end hotel infrastructure along with branded serviced residences, reflecting global standards of design and service associated with the Taj brand.

The collaboration strengthens Gulshan Group’s presence in the premium real estate segment while expanding IHCL’s footprint in high-growth urban markets.

Gulshan Nagpal, Chairman, Gulshan Group, said: “This collaboration represents more than a partnership — it is a convergence of two legacy-driven brands committed to excellence. 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. We are investing INR 1,000 crores to not only make it iconic but also one of its kind branded serviced apartments in India.”

Yukti Nagpal, Director, Gulshan Group, added: “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. At Gulshan Group, we are driven by trust, design integrity, and a long-term vision. In partnership with Taj, we are envisioning what we believe will be India’s tallest Taj — a global-standard address destined to become one of the most iconic landmarks in the country.”

Puneet Chhatwal, Managing Director & CEO, IHCL said, “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. The unveiling today of this landmark development of a Taj hotel and branded residences will set a benchmark in luxury in the National Capital Region. We are delighted to progress this partnership with the Gulshan Group.”

The development will feature a luxury Taj hotel with 150 rooms and 74 Taj Branded Serviced Apartments. The hotel will offer premium dining experiences with an all-day dining restaurant, a bar, and two specialty restaurants. For conferences and celebrations, the project will include an expansive 8,000 sq. ft. ballroom, complemented by sophisticated pre-function areas and versatile meeting rooms. Wellness and recreation will be central to the guest experience, with access to a swimming pool, gym, health club, and Taj’s celebrated J Wellness Circle.

The Taj Branded Serviced Apartments will present ultra-luxury residences spanning approximately 7,500 sq. ft. each, designed for connoisseurs of elevated living. Residents will enjoy exclusive access to a private Residents’ Club featuring terraced gardens, a children’s play area, lounge spaces, sports facilities, and an infinity swimming pool.

Situated in the heart of NCR, Noida has emerged as one of India’s fastest-growing urban centres, powered by strong infrastructure, corporate expansion, and a thriving lifestyle ecosystem. This project is set to further elevate the city’s appeal as a preferred destination for luxury living and investment.