Greenbay Infrastructure, a developer from Delhi NCR, has made a major move in their expansion plans by announcing of their luxury residential project, The Monarque, along the Yamuna Expressway. The company is anticipating the development, which is estimated to be invested with 400 crores, to be able to generate a total topline of 1000 crores.
The Monarque will be located at Greenbay Golf Village, the company's township in Sector 22D of the Yamuna Expressway Industrial Development Authority (YEIDA) area, and the land measures 4.22 acres. The project is planned to be made up of around 300 units spread in three residential towers, with each tower having 28 floors. The residences are intended to be sold to discriminating buyers and therefore only a limited number of 3.5 and 4.5 BHK apartments will be available, which are a combination of elegance, privacy, and resort-style living. “The Monarque underscores the company’s confidence in the long-term growth of the Yamuna Expressway corridor,” Greenbay Infrastructure said in an official statement.
Insiders close to the project disclosed that the tickets for the flats will probably be between ₹2 crore and ₹3 crore, while the finishing is expected to be around 2029. The launch is targeted at high-end homebuyers who desire a mix of luxury, exclusivity, and lifestyle with nature and leisure facilities.
The launch comes amid a backdrop of regulatory challenges. Five months prior, YEIDA had threatened to cancel Greenbay’s allotment for the 100-acre Greenbay Golf Village due to outstanding dues. The situation was later restrained by the Allahabad High Court’s Lucknow bench, pending the resolution of two revision applications submitted by the developer under the state government’s “zero period policy.” This policy allows relief from interest and penalties on land dues for stalled projects, particularly where possession has not been completed for 30–35% of the project.
Commenting on the launch, Mohit Kumar, Head of Strategy at Greenbay Infrastructure, said, “With The Monarque, we are introducing a new benchmark in luxury living that blends architectural finesse with the tranquillity of golf-side living. It reflects our vision to craft spaces that go beyond premium design — they embody wellness, exclusivity, and a strong sense of community. The Yamuna Expressway region is rapidly emerging as NCR’s next real estate growth hub, and The Monarque will stand as a proud symbol of that evolution.”
Monarque project along the Yamuna Expressway corridor is aimed at satisfying the ever-rising need for luxury homes that result from an area becoming the hub of rapid development due to factors like infrastructure investments, enhanced connectivity, and the rise of township projects. While Greenbay turns, it is not just a mirror of the investor's trust but also the shifting desires for the top buyers who seek features like exclusivity, health-focused design, and connected community living.
This is a high-end real estate project adjacent to a golf course, so The Monarque will offer the subscribers of the development a comfortable lifestyle and a host of amenities such as beautifully designed gardens, open recreational spaces, and various other facilities devoted to the leisure and well-being of the residents.
Greenbay is attempting to raise the standards for luxury residential projects in the region with a formal opening event. They have shown the ability to navigate through the regulatory challenges while at the same time, attracting the interest of the investors and the premium homebuyers.
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