Delhi: Nimbus Group’s luxury residential project The Arista Luxe in Sector 168, Noida, has entered an advanced stage of construction, with its estimated sales value revised upward to approximately Rs. 2,000 crore.
Nimbus Projects Limited, the project’s Co-Developer and a Co-Promoter recognised by UP RERA, has invested Rs. 414.62 crore in the development as of June 30, 2026. The project comprises four towers — 5, 7, 8 and 9 — housing 344 flats and a club across a total development area of 12,161.97 sq. mtr.
Located in Sector 168, The Arista Luxe has a four-tower configuration with 344 residences and a dedicated club. The project forms part of Nimbus Projects Limited’s residential development portfolio in the Noida market.
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“The Arista Luxe is an important project for us, both in terms of its scale and our involvement in its development. The upward revision in its estimated sales value reflects the opportunity that the project presents. Going forward, we see plotted developments and wellness-oriented townships as a natural extension of our experience, particularly in emerging cities where organised development is gaining ground,” said Bipin Agarwal, Chairman and Managing Director, Nimbus Projects Limited.
The latest project update comes against the backdrop of stronger sales performance for Nimbus. The company reported pre-sales of Rs. 157.36 crore in Q1 FY27, representing a 134.31% increase from Rs. 67.16 crore recorded in the corresponding period a year earlier. Customer collections also increased 49.75% to Rs. 75.91 crore, compared with Rs. 50.69 crore a year earlier.
As of June 30, 2026, Nimbus Projects’ overall portfolio had an aggregate sale value of Rs. 3,519.26 crore across six completed and ongoing projects. The portfolio represents 91.02 lakh sq. ft. of saleable area, of which 76.59 lakh sq. ft. has been sold. The company has received Rs. 2,878.51 crore against the sold area.
Beyond its existing NCR-focused development activity, the Group is evaluating expansion into Tier-II and Tier-III cities through plotted developments and wellness-oriented township projects. It has signed an MoU for a 25-acre township project in Mathura and is assessing opportunities in other emerging markets.
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Nimbus Group has interests across real estate, hospitality and NBFC/financial services, in addition to its core real estate development operations.
