Delhi NCR, Aug 18: Nimbus Group, one of the BSE- and NSE-listed developers based in Delhi-NCR, has announced that its luxury residential project, The Arista Luxe in Sector 168, Noida, has reached an advanced stage of construction, with its estimated sales value revised upward to approximately Rs. 2,000 crore. Nimbus Projects Limited, which is executing the project as Co-Developer and has been recognised as Co-Promoter by UP RERA, has invested Rs. 414.62 crore in the project as of June 30, 2026. The project comprises four towers, 5, 7, 8 and 9, with 344 flats and a club across a total development area of 12,161.97 sq. mtr.
For the buyers, The Arista Luxe brings together the appeal of a luxury residential address in Sector 168 with a limited configuration of four towers and 344 residences. With four towers, a dedicated club and a Sector 168 location, The Arista Luxe is positioned for buyers looking for a luxury residential address in Noida.
“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 Arista Luxe is part of Nimbus Projects’ wider portfolio, which had an aggregate sale value of Rs. 3,519.26 crore as of June 30, 2026, across six completed and ongoing projects. The portfolio covers 91.02 lakh sq. ft. of saleable area, of which 76.59 lakh sq. ft. has been sold, with Rs. 2,878.51 crore received against sold area.
The project update comes alongside stronger sales momentum. Nimbus recorded pre-sales of Rs. 157.36 crore in Q1 FY27, up 134.31% from Rs. 67.16 crore a year earlier, while customer collections rose 49.75% to Rs. 75.91 crore from Rs. 50.69 crore.
The company is now looking to expand beyond the NCR through plotted developments and wellness-oriented township projects in Tier-II and Tier-III cities. The Group has signed an MoU for a 25-acre township project in Mathura and is evaluating opportunities in other emerging markets.
The Group has a diversified business presence spanning real estate, hospitality and NBFC/financial services, alongside its core development activities.