Aurika Group Announces ₹220 Crore Investment in Uttar Pradesh
Aurika Group, a next-generation real estate development company, has announced an ambitious ₹220 crore investment plan aimed at deepening its footprint in Uttar Pradesh’s Tier-II cities. The expansion includes a landmark 150-key serviced suites project in Ayodhya, developed in collaboration with Best Western Hotels, and a premium gated villa community across 5.5 acres in Bareilly. The Group has already secured RERA approvals for two projects in Bareilly and one in Ayodhya, reinforcing its strategic intent for sustainable and well-regulated growth.
Strategically positioned on the sacred 14 Koshi Parikrama Marg, the Ayodhya project is tailored to serve the city’s surging religious tourism market. Branded under Best Western, the property will offer 150 high-end serviced suites, a rooftop restaurant, wellness amenities, and bespoke spiritual experiences—blending modern hospitality with deep cultural roots. Staying true to Aurika’s design philosophy, the project will integrate eco-conscious architecture with contemporary comforts to serve pilgrims and tourists alike.
In Bareilly, Aurika Group continues to assert itself as a key player in the real estate sector. Its current portfolio includes The Residences, Bareilly—a sold-out plotted and villa development; Aurika Avenue—a mixed-use project under construction on Bada Bypass; and the newly launched 5.5-acre luxury villa community. This low-density, gated enclave is designed for discerning residents seeking serene surroundings, excellent connectivity, and environmentally sustainable living. Together, the Group’s Bareilly projects are expected to generate over ₹350 crore in revenue.
“Our investments reflect the growing aspirations of India’s Tier-II cities,” said Mr. Prasoon Chauhan, Founder & CEO of Aurika Group. “Ayodhya’s spiritual importance and Bareilly’s urban vibrancy represent dual engines of growth. We are committed to developing projects that combine utility, cultural significance, and long-term value.”
In line with its forward-looking urban vision, Aurika Group is actively exploring Joint Ventures (JV) and Joint Development Agreements (JDA) with landowners and partners across North India’s Tier-II markets. With a strong focus on building premium, thoughtfully designed residential communities, the Group remains committed to serving the evolving needs of modern homebuyers.
