Aurika Group unveils Rs 2.2B expansion in Ayodhya, Bareilly
24 Apr 2025
2 Min Read
CW Team
New-age real estate developer Aurika Group has rolled out a Rs 2.2 billion expansion plan targeting Tier-II cities in Uttar Pradesh, with new launches in Ayodhya and Bareilly. The company has secured RERA approvals for two projects in Bareilly and one in Ayodhya as part of its strategy to scale in high-potential urban hubs.
In Ayodhya, Aurika will develop a 150-key serviced suites project on the prominent 14 Koshi Parikrama Marg, in partnership with Best Western Hotels. The property aims to tap into the city鈥檚 growing religious tourism and will feature premium suites, rooftop dining, wellness amenities, and spiritual experiences鈥攁ll under the Best Western brand.
Meanwhile, in Bareilly, the group has announced a gated villa community on a 5.50-acre site. This follows two ongoing developments: the sold-out "The Residences, Bareilly" and "Aurika Avenue," a mixed-use project coming up on Bada Bypass. Together, Aurika鈥檚 Bareilly portfolio is expected to generate over Rs 3.5 billion in revenue.
鈥淥ur investments reflect the aspirations of emerging India,鈥� said Prasoon Chauhan, Founder & CEO of Aurika Group. 鈥淎yodhya brings spiritual gravity, Bareilly offers urban vibrancy鈥攂oth are crucial to our growth story. We鈥檙e focused on projects that merge modern needs with cultural relevance.鈥�
Chauhan added that the group is actively exploring joint ventures and development agreements across Tier-II markets in North India to deepen its footprint.
Image source:moneycontrol
New-age real estate developer Aurika Group has rolled out a Rs 2.2 billion expansion plan targeting Tier-II cities in Uttar Pradesh, with new launches in Ayodhya and Bareilly. The company has secured RERA approvals for two projects in Bareilly and one in Ayodhya as part of its strategy to scale in high-potential urban hubs.
In Ayodhya, Aurika will develop a 150-key serviced suites project on the prominent 14 Koshi Parikrama Marg, in partnership with Best Western Hotels. The property aims to tap into the city鈥檚 growing religious tourism and will feature premium suites, rooftop dining, wellness amenities, and spiritual experiences鈥攁ll under the Best Western brand.
Meanwhile, in Bareilly, the group has announced a gated villa community on a 5.50-acre site. This follows two ongoing developments: the sold-out The Residences, Bareilly and Aurika Avenue, a mixed-use project coming up on Bada Bypass. Together, Aurika鈥檚 Bareilly portfolio is expected to generate over Rs 3.5 billion in revenue.
鈥淥ur investments reflect the aspirations of emerging India,鈥� said Prasoon Chauhan, Founder & CEO of Aurika Group. 鈥淎yodhya brings spiritual gravity, Bareilly offers urban vibrancy鈥攂oth are crucial to our growth story. We鈥檙e focused on projects that merge modern needs with cultural relevance.鈥�
Chauhan added that the group is actively exploring joint ventures and development agreements across Tier-II markets in North India to deepen its footprint.Image source:moneycontrol
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