The Legacy of LATE. Shri Pyare Lal Gupta
The business legacy of Mr. Surendra Kumar Gupta has its roots in the life and achievements of his father, Shri Pyare Lal Gupta, who belonged to Dhampur, DISTRICT BIJNOR Uttar Pradesh.
Shri Pyare Lal Gupta came from a financially disadvantaged family and built his career from the ground up through determination, hard work and perseverance. He financed his education by giving private tuition and studied in Dhampur and DAV COLLEGE Kanpur, where he completed his B.A. and LL.B.
After completing his education, he began practising law in Bijnor. During British rule in India, he actively participated in Mahatma Gandhi’s freedom movement and associated Satyagraha activities. As part of his involvement in the struggle against British rule, he spent approximately one year in prison.
Following this period, he established his business in Dhampur and gradually developed the family’s business interests in the sugar industry. His entrepreneurial journey laid the foundation for the family’s future growth and diversification.
From the Sugar Industry to Real Estate Development
After completing his Electronics Engineering degree from IIT BHU in 1972, Mr. Surendra Kumar Gupta joined the family’s sugar business and remained actively involved in its operations until 1991.
In 1991, he moved to Delhi and began expanding the family’s business into real estate development and other commercial activities.
His early real estate ventures included acquiring commercial plots through Delhi Development Authority (DDA) auctions, developing commercial properties and subsequently selling them. One such project involved purchasing a plot in Dwarka for approximately ₹3–4 crore, developing a commercial property on it and selling the completed project. He also acquired another plot of approximately 1,000 square metres through a DDA auction In Rohini 2005 and developed a market comprising shops and other commercial spaces.
These early projects marked the beginning of the group’s expansion into commercial real estate.
Major Real Estate Developments
3 social and culture Centre in greater Noida
In 2001 The group also acquired a four-acre plot in Greater Noida from the development authority for the development of social and culture Centre.
The property operates as Royal Habitat Centre, a banquet and event venue that has established itself as a successful business within the group’s portfolio.
IT Park and Hospitality Development in Greater Noida
In 2003, the group acquired a 10-acre IT Park plot from the Greater Noida Industrial Development Authority (GNIDA).
The group subsequently developed two IT towers with a combined area of approximately 7–8 lakh square feet, along with a hotel tower housing a 135-room Holiday Inn Express hotel.
Approximately seven acres of the 10-acre campus have been developed, while around three acres remain available for future development.
The campus combines commercial office infrastructure with hospitality facilities, creating opportunities for businesses, employees and visitors.
In-2008, The Group Acquired mix land use 25-Acre IT Park Campus In Greater Noida West.
As part of the development strategy, the group constructed a D-Mart retail facility on approximately one acre of land, with a built-up area of around one lakh square feet. Both the land and the building were subsequently was sold to D-Mart.
NTT JAPAN is Among the Top 2/3 Global Data Centre Company in the world in Terms GoodWill
The property now operates as a D-Mart store and, according to the group’s account, is among the successful D-Mart locations in the region.and Land Mark of Greater Noida
This project demonstrates the group’s ability to identify suitable locations, develop commercial infrastructure and create value through strategic property development and asset sales.
Data Centre Development with NTT Japan
The group collaborated with NTT Japan to develop a major data centre on approximately six acres of land.
The project involved an investment of approximately ₹500 crore and the construction of a 25-megawatt data centre known as NTT’s Capitive data centre, comprising three data centre towers and approximately five lakh square feet of construction, as described in the group’s project history.
The Six Acre land and data centre facilities were sold to NTT Japan.
NTT is a major global data centre operator with a significant presence in India. The project reflects the group’s ability to develop specialised infrastructure assets for leading international technology companies.
Greater Noida West: A Comprehensive Business and IT Campus
The group’s 25-acre campus in Greater Noida West has been developed into a mixed-use destination comprising IT office spaces, retail outlets, banking facilities, restaurants and other commercial establishments.
IT Tower-1
The first IT tower has an approximate built-up area of 4.5 lakh square feet.
It accommodates R Systems International Ltd , A black stone and several other IT and technology companies. Approximately 10–15 IT companies operate within this tower, as stated in the project overview.
The tower provides commercial office infrastructure for established technology businesses and other corporate occupiers.
IT Office Tower-4
The group has also developed another IT tower with an approximate area of two lakh square feet.
Different floors and portions of the building have been leased to corporate tenants, including:
The building has developed into an operational commercial property supported by a diversified tenant base.