CRC Group Unveils ₹1,500 Crore Ultra-Luxury Residential Project The Peridona in Greater Noida

The Noida-based real estate developer announced the launch of an exclusive seven-acre development featuring 341 invitation-only units within Jaypee Greens Golf Course, marking their strategic entry into India's ultra-luxury housing segment.

Greater Noida witnessed a significant milestone in luxury real estate development as CRC Group announced the unveiling of The Peridona, an ultra-premium residential project with a total investment outlay of ₹1,500 crore, excluding land acquisition costs. The announcement was made on July 17, 2025, positioning the development as a flagship entry into the high-end residential market segment.

Expansive Development Spans Seven Acres with Premium Infrastructure

The ambitious project encompasses a seven-acre site strategically located within the prestigious Jaypee Greens Golf Course area. Industry sources confirmed that the development comprises 341 exclusive units available through invitation only, including spacious luxury apartments, expansive duplex configurations, and two standalone villas designed for ultra-high-net-worth individuals.

The architectural framework features seven towers, each rising to 42 storeys with an approximate height of 160 meters. The development boasts a total built-up area of 3.1 million square feet, with a saleable area spanning 2.1 million square feet. The surrounding landscape has been dedicated to creating a nature park alongside an 18-hole night golf course facility.

Premium Unit Configurations Target Ultra-Luxury Market Segment

Market analysts noted that the project's unit mix reflects the growing demand for premium villas in Delhi-NCR. The 4 BHK apartments commence at over 4,000 square feet, while duplex units span approximately 10,000 square feet each. The crown jewels of the development are two standalone villas, each encompassing approximately 15,000 square feet of luxury living space.

The development features a lavish clubhouse exceeding 100,000 square feet, incorporating eco-sensitive gardens, water bodies, and premium infrastructure designed to cater to discerning residents seeking an elevated lifestyle experience.

Global Design Partnerships Elevate Project Standards

The project announcement, which took place in Dubai, highlighted CRC Group's collaboration with internationally renowned design firms. The partnerships include Killa Design, the architectural firm behind Dubai's iconic Museum of the Future, and Rockwell Group, known for their luxury club development in Gurugram.

Additional design collaborations encompass Gensler Architects, SWA Group for landscape architecture, and MACE for project execution, ensuring international standards of design and construction quality throughout the development.

Leadership Emphasizes Strategic Market Positioning

CRC Group's Chief Executive Officer Kunal Bhalla characterized The Peridona as a strategic milestone in the company's expansion into India's ultra-luxury residential segment. He emphasized the project's commitment to international standards, sustainability initiatives, and premium finishes that would distinguish it in the competitive luxury housing market.

Marketing Director Salil Kumar highlighted the project's unique selling proposition of offering one unit per floor, ensuring exceptional privacy for residents. He positioned the development as a legacy asset designed to appreciate significantly over time, appealing to investors seeking long-term value creation.

Strategic Location Capitalizes on Infrastructure Development

The project's location approximately 20 minutes from the upcoming Noida International Airport along the Yamuna Expressway represents a strategic advantage in capturing growing demand in the National Capital Region. This positioning aligns with broader trends in modern gated community living and investment opportunities across the NCR region.

The development emerges amid a significant surge in premium residential sales, with industry data indicating that luxury home sales in Delhi-NCR have more than tripled on a year-on-year basis, reflecting robust demand for high-end residential properties.

Market Outlook Indicates Strong Growth Potential

Real estate experts suggest that this strategic move positions CRC Group advantageously to capitalize on the increasing appetite for ultra-luxury housing in the NCR region. The combination of world-class design partnerships, premium location advantages, and comprehensive amenity offerings is expected to establish The Peridona as a benchmark development in high-end residential living.

The project aligns with broader market trends toward building profitable real estate investment portfolios and represents the growing sophistication of India's luxury residential market segment.