Gaurs Group Conducts Historic YouTube Lottery for Gaur NYC Residences

Gaurs Group held a first-of-its-kind live lottery for its Gaur NYC Residences project, receiving over 3,000 applications for 1,200 units. The event, supervised by Grant Thornton Bharat LLP, was live-streamed to ensure transparency. Allotment Days are from September 8 to 10.

In an unprecedented move in the real estate sector, Gaurs Group conducted a live lottery on YouTube on September 6, 2024, for the allocation of units in their prestigious Gaur NYC Residences project. The event marked a historic first where a private developer had to resort to this method due to overwhelming interest.

With over 3,000 applications for 1,200 luxury apartments, the lottery was devised to ensure fairness and transparency. The process was meticulously reviewed and monitored by independent consulting firm, Grant Thornton Bharat LLP. The allotment days are scheduled from September 8 to 10, emphasizing Gaurs Group's commitment to transparency.

Sarthak Gaur, Director of Gaurs Group, expressed his delight at the record-breaking response saying, 'The buyer's response to our new project, Gaur NYC Residences, was overwhelming and speaks volumes about the trust and brand value that we have garnered. This allotment draw is a significant step towards making Gaur NYC Residences a reality for our customers.'

The Gaur NYC Residences, located strategically along the Delhi-Meerut Expressway, span an 11.8-acre plot and feature 10 towers, each 32 stories high. Highlighting the project's luxury, it includes a spacious clubhouse inspired by Madison Square and a 118-meter-long swimming pool.

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(With inputs from agencies.)