The real estate sector in Muzaffarnagar, Uttar Pradesh, has witnessed a significant boost with the RERA approval granted to Numax City, a 100-acre township project led by Sunil Goyal. The project, which is valued at approximately 3,000 crore rupees, had previously been approved by the Muzaffarnagar Development Authority (MDA). Construction is already underway, demonstrating substantial progress.
This RERA approval marks a pivotal moment, ensuring the project adheres to all legal standards and maintains transparency, thus safeguarding the interests of buyers. The backing of RERA increases investor confidence due to the company’s dedication to deliver high-quality developments on schedule.
Sunil Goyal, the driving force behind Numax and a former co-founder of Omaxe, has a track record of successfully completing large-scale projects, including Omaxe NRI City in Greater Noida and a significant township in New Chandigarh.
Goyal pointed to Muzaffarnagar’s many benefits, citing its varied economic activities, rich cultural heritage, and ever improving infrastructure. Numax City, he says, will be a self-sufficient, cutting-edge residential area.
The decision to focus on Muzaffarnagar was made because of the growth of key industries, like paper and steel, the city’s diverse culture, and its excellent connectivity to important cities through road and rail. The city is being looked at as a potential real estate hotspot.
Numax City features diverse residential choices such as group housing, individual floors, luxurious villas, and plots for custom homes. It also offers a variety of business facilities, like SCO plots and high-street retail locations, together with a shopping mall, a premium hotel, hi-tech schools, and a multi-specialty hospital all in line with the ‘walk-to-work, walk-to-life’ philosophy.
Numax stands out for its debt-free status, reflecting sound financial management and Goyal’s three decades of experience in timely project delivery. The 3,000 crore project promises to foster business growth and generate numerous employment opportunities.
Industry experts see this project as timely, considering Muzaffarnagar’s population growth, industrial development, and improvements in road and rail infrastructure. The RERA approval ensures the project’s legal stability, financial strength, and operational readiness.
NUMAX Group is actively expanding across India. A 170-acre township is currently under development in Gwalior, featuring modern residences, business spaces, and lifestyle facilities. Furthermore, the group plans to acquire approximately 800 acres across Gwalior, Raebareli, and Sohna for future townships and real estate projects.
This strategy highlights a focus on emerging urban centers in North India, which are experiencing growth in business, enhanced connectivity, and great potential for development. This growth will establish NUMAX as a significant player in the Indian real estate market, boosting local economies and creating thousands of jobs.
Sunil Goyal, Managing Director of NUMAX Group, a real estate veteran with over 35 years of experience and a co-founder of the Omaxe Group, shared his vision for the future. “NUMAX is focused on creating world-class townships in the developing cities of India, with the goal of fostering self-reliant communities.”
The new 170-acre township in Gwalior and planned acquisitions of 800 acres in Gwalior, Raebareli, and Sohna are integral steps in this vision. Goyal aims for these projects to offer modern lifestyles and contribute to the economic advancement of countless individuals. Goyal underlined the importance of a debt-free financial model and timely project delivery to build trust.
With construction well underway, Numax City is poised to reshape Muzaffarnagar in the next 24-36 months, transforming it from an agricultural and industrial hub into a modern residential area.