The company will build nearly 1,900 housing units in the two projects.
In another project named 'Gulshan Bellina' in Greater Noida, also known as Noida Extension, the company is constructing 1,124 housing units on seven acre land.
He expects market to revive post implementation of the GST and real estate regulatory Act (RERA).
"Both the projects are RERA compliant and all necessary approvals are well in place," Kapoor said, adding that the company targets to deliver the two projects by 2020 as per commitment to customers.
Gulshan Homz has so far delivered 4,500 units in the Delhi-NCR property market covering 4.3 million sq ft. It is developing about 1,900 units comprising 3.9 million sq ft.