Approval received from the UP RERA regarding to act as co-promoter for the real estate project titled "Sunworld Arista"
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Nimbus Projects Ltd has received approval from the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) to act as Co-Promoter for the real estate project 'Sunworld Arista (Phase-II)' covering towers T-5, 7, 8 and 9 in Sector 168, Noida. The project is registered under RERA number UPRERAPRJ11625, with Sunworld Residency Private Limited as the other promoter. This follows earlier intimations from September and October 2024, and the approval letter was received on July 22, 2025. The company will now share co-promoter responsibility for this residential project. No monetary impact or financial details have been disclosed at this stage.
This regulatory clearance allows Nimbus Projects to officially participate as co-promoter in a Noida real estate project, which could translate into future revenue and earnings visibility, though the exact financial impact has not been quantified and will be communicated later.