Who Is Ajay Chaudhary?

Ajay Chaudhary is the Founder, Chairman and Managing Director of ACE Group. He is widely identified as the person behind the group’s growth in the Delhi-NCR real estate market. Under his leadership, ACE Group has developed residential, commercial and mixed-use properties across Noida, Greater Noida and the Yamuna Expressway region.

ACE Group’s portfolio includes projects created for different property segments, ranging from practical residential communities to premium apartments and commercial developments. ACE Parkway represents the group’s luxury residential positioning in Sector 150 Noida.

Ajay Chaudhary’s role should not be confused with personal ownership of every apartment in the project. The development is promoted through a registered corporate entity. After apartments are sold and legally transferred, their respective buyers become the owners of those individual properties.

About ACE Infracity Developers Private Limited

ACE Infracity Developers Private Limited is the registered promoter associated with ACE Parkway. A promoter is the legal entity responsible for developing, marketing and completing a real estate project in accordance with its approvals and contractual commitments.

The promoter’s responsibilities generally include obtaining statutory permissions, arranging project finance, undertaking construction, entering into agreements with buyers and completing the development according to registered specifications. The company is also responsible for providing the necessary property documents and facilitating the transfer of units to buyers.

Buyers researching ACE Parkway should therefore check documents under the name ACE Infracity Developers Private Limited, particularly when reviewing its registration, allotment documentation, builder-buyer agreement or other official records.

About ACE Parkway Sector 150 Noida

ACE Parkway is a premium residential development located in Sector 150, close to the Noida-Greater Noida Expressway. The project offers spacious apartments and penthouses designed for families looking for a combination of connectivity, open surroundings and lifestyle facilities.

The development is planned on a three-side-open corner plot. Its architecture has been associated with renowned architect Hafeez Contractor, while the landscaping was planned by Sanju Bose. The interiors were designed in association with celebrity interior designer Gauri Khan. These design collaborations have contributed to the project’s premium positioning.

ACE Parkway provides different residential configurations, including 2, 3 and 4 BHK apartments along with selected penthouses. Its larger homes, balconies, landscaped areas and recreational facilities are intended to support a comfortable urban lifestyle.

Why Is ACE Parkway Associated with ACE Group?

ACE Parkway carries ACE branding because it is part of ACE Group’s real estate portfolio. The group is responsible for the project’s overall development identity, planning, marketing and customer-facing communication. The project is also featured on ACE Group’s official platform as one of its residential developments in Sector 150.

Real estate groups frequently execute projects through separate private limited companies. This structure allows individual projects to have clearly defined legal, financial and regulatory records. Therefore, seeing ACE Infracity Developers Private Limited as the promoter does not mean that ACE Parkway is unrelated to ACE Group. It means that the project is being undertaken through a corporate entity operating under the ACE Group umbrella.

Location Advantage of Sector 150

Sector 150 is a prominent residential location situated near the Noida-Greater Noida Expressway. The area is known for relatively lower development density, planned green spaces and premium residential communities.

Residents can travel towards major employment sectors of Noida through the expressway. The location also provides connectivity towards Greater Noida and the Yamuna Expressway. Aqua Line metro stations in the broader area provide an additional public transportation option.

Schools, universities, healthcare facilities, commercial centres and shopping destinations are accessible from the project. These location benefits have helped Sector 150 attract both end-users and long-term property investors.

Design and Lifestyle Features

ACE Parkway is designed as more than a collection of residential towers. Its planning incorporates landscaped spaces, internal circulation, recreational facilities and community areas. Residents have access to a clubhouse, fitness facilities, sports areas, a swimming pool, walking spaces and dedicated activity zones.

The development is known for offering numerous sports and recreational activities. These facilities support different age groups and allow residents to exercise, socialise and relax within the residential complex.

Security systems, controlled entry, parking facilities, power backup and property management services further contribute to everyday convenience. Buyers should verify the facilities associated with their selected tower and apartment through official project documents.

Who Owns the Land and Individual Flats?

The word “owner” can create confusion in a large residential project. During development, the promoter holds development and contractual rights according to the applicable lease, allotment or land documents. In Noida, residential project land is generally governed by the terms established by the relevant development authority.

When an apartment is sold and legally transferred, the purchaser becomes the owner or lawful allottee of that particular unit, subject to the applicable leasehold conditions, registered deed and society rules. Consequently, ACE Group or the promoter should not be described as the permanent owner of apartments already transferred to homebuyers.

Buyers wanting to understand the precise title structure should inspect the project’s lease deed, approved layout, registered agreement and conveyance or sub-lease documents. A qualified property lawyer can also review these records before a purchase.

Is ACE Parkway Registered with UP RERA?

Yes. ACE Parkway is registered with UP RERA under registration number UPRERAPRJ4514. The official record identifies ACE Infracity Developers Private Limited as the promoter. Buyers can use this registration number to distinguish the original ACE Parkway from similarly named listings or marketing campaigns.

RERA details are particularly useful for checking the registered project name, promoter information, location, approved plans and other uploaded records. Buyers should match the details mentioned in a sales proposal with those displayed in the applicable official registration.

Difference Between ACE Parkway and ACE Parkway 2.0

ACE Parkway is the existing registered residential project in Sector 150. “ACE Parkway 2.0” has also been used in the property market for an anticipated new ACE development in the same area. Buyers should not assume that both names represent the same registered project.

Anyone considering the new development should verify its final official name, promoter, inventory and project documentation after its formal launch. The registration number UPRERAPRJ4514 specifically relates to the original ACE Parkway project.

Conclusion

ACE Parkway Sector 150 Noida is a development by ACE Group, led by its Founder, Chairman and Managing Director, Ajay Chaudhary. Legally, the registered promoter of the project is ACE Infracity Developers Private Limited. Therefore, referring only to Ajay Chaudhary as the “owner of ACE Parkway” is an oversimplification.

The correct explanation is that ACE Parkway is an ACE Group project, developed through its registered corporate promoter. Individual apartments become the property of their respective purchasers following a valid legal transfer. Prospective buyers should always verify the promoter, title documents and project registration before completing a transaction.

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