diff --git a/conda-recipe/bld.bat b/conda-recipe/bld.bat
index 7e846e8537..9846722302 100644
--- a/conda-recipe/bld.bat
+++ b/conda-recipe/bld.bat
@@ -35,7 +35,13 @@ for /f %%f in ('dir /b /S .\dist') do (
 
 :: wheel file was renamed
 for /f %%f in ('dir /b /S .\dist') do (
-    %PYTHON% -m pip install %%f
+    %PYTHON% -m pip install %%f ^
+      --no-build-isolation ^
+      --no-deps ^
+      --only-binary :all: ^
+      --no-index ^
+      --prefix %PREFIX% ^
+      -vv
     if %ERRORLEVEL% neq 0 exit 1
 )
 
diff --git a/conda-recipe/build.sh b/conda-recipe/build.sh
index da13f3f8bf..d1e0783b3b 100644
--- a/conda-recipe/build.sh
+++ b/conda-recipe/build.sh
@@ -27,7 +27,13 @@ export PATH=$CONDA_PREFIX/bin-llvm:$PATH
 ${PYTHON} -m build -w -n -x
 ${PYTHON} -m wheel tags --remove --build "$GIT_DESCRIBE_NUMBER" \
     --platform-tag manylinux2014_x86_64 dist/numba_dpex*.whl
-${PYTHON} -m pip install dist/numba_dpex*.whl
+${PYTHON} -m pip install dist/numba_dpex*.whl \
+    --no-build-isolation \
+    --no-deps \
+    --only-binary :all: \
+    --no-index \
+    --prefix "${PREFIX}" \
+    -vv
 
 # Copy wheel package
 if [[ -v WHEELS_OUTPUT_FOLDER ]]; then
diff --git a/conda-recipe/meta.yaml b/conda-recipe/meta.yaml
index 8db61810fc..518cc2e7e5 100644
--- a/conda-recipe/meta.yaml
+++ b/conda-recipe/meta.yaml
@@ -3,6 +3,9 @@
 {% set excluded_compiler_version2 = "2024.0.2" %}
 {% set excluded_compiler_version3 = "2024.0.3" %}
 
+{% set pyproject = load_file_data('pyproject.toml') %}
+{% set py_build_deps = pyproject.get('build-system', {}).get('requires', []) %}
+
 package:
     name: numba-dpex
     version: {{ GIT_DESCRIBE_TAG }}
@@ -25,31 +28,32 @@ requirements:
         # does not have it in meta data
         - sysroot_linux-64 >=2.28  # [linux]
     host:
+        - python
+        - pip >=24.0
         - dpcpp-cpp-rt >={{ required_compiler_version }},!={{ excluded_compiler_version1 }},!={{ excluded_compiler_version2 }},!={{ excluded_compiler_version3 }}  # [win]
         - dpcpp-cpp-rt >={{ required_compiler_version }},!={{ excluded_compiler_version1 }},!={{ excluded_compiler_version2 }}  # [linux]
-        - python
+        # ensure we are using latest version of setuptools, since we don't need
+        # editable environments for release.
         - setuptools >=69
-        - scikit-build >=0.17
-        - ninja >=1.11.1 # [not win]
-        - cmake >=3.29
-        - numba >=0.59
-        - llvmlite >=0.42.0
-        - dpctl >=0.16.1
-        - dpnp >=0.14
-        - numpy >=1.24
+        {% for dep in py_build_deps %}
+        {% if dep.startswith('ninja') %}
+        - {{ dep.split(';')[0] }} # [not win]
+        {% elif dep.startswith('cmake') %}
+        - {{ dep }}
+        {% elif dep.startswith('build>=') %}
+        - {{ 'python-' ~ dep }}
+        {% else %}
+        - {{ dep|replace('_','-') }}
+        {% endif %}
+        {% endfor %}
+        # versioneer dependency
+        - tomli # [py<311]
         # TODO: temporary fix, because IGC is broken for output produced by llvm-spirv 2024.1 on windows
         - dpcpp-llvm-spirv >={{ required_compiler_version }} # [not win]
         - dpcpp-llvm-spirv >={{ required_compiler_version }},<2024.1 # [win]
-        - wheel >=0.43
-        - pip >=24.0
-        - python-build >=1.1
-        - versioneer==0.29
-        # versioneer dependency
-        - tomli # [py<311]
     run:
         - {{ pin_compatible('dpcpp-cpp-rt', min_pin='x.x', max_pin='x') }}
         - {{ pin_compatible('intel-cmplr-lib-rt', min_pin='x.x', max_pin='x') }}
-        - {{ pin_compatible('dpcpp-llvm-spirv', min_pin='x.x', max_pin='x') }}
         # TODO: temporary fix, because IGC is broken for output produced by llvm-spirv 2024.1 on windows
         - {{ pin_compatible('dpcpp-llvm-spirv', min_pin='x.x', max_pin='x') }} # [not win]
         - {{ pin_compatible('dpcpp-llvm-spirv', min_pin='x.x', max_pin='x', upper_bound='2024.1') }} # [win]
diff --git a/pyproject.toml b/pyproject.toml
index e44e25b640..7b447fdf87 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,15 +1,21 @@
 [build-system]
 build-backend = "setuptools.build_meta"
 requires = [
-  # TODO: keep in sync with [project.dependencies] and /conda-recipe/meta.yaml
+  # TODO: keep in sync with [project.dependencies]
+  "wheel>=0.43",
+  "build>=1.1",
   "setuptools>=63.0.0",
   "scikit-build>=0.17.0",
   "ninja>=1.11.1; platform_system!='Windows'",
   "cmake>=3.29.0",
-  "numba>=0.59.0",
+  # We need dpctl for UsmNdArray integration for dpcpp code
   "dpctl>=0.16.1",
-  "numpy>=1.24.0",
-  "wheel",
+  # We need numba for runtime cpp headers
+  "numba>=0.59.0",
+  "llvmlite>=0.42.0",
+  # Do we need dpnp at build time?
+  "dpnp >=0.14",
+  "numpy >=1.24",
   # WARNING: check with doc how to upgrade
   "versioneer[toml]==0.29"
 ]
@@ -34,6 +40,9 @@ dependencies = [
   # This restrictions are for dependabot, actual restrictions are set with
   # conda.
   # TODO: populate it during build process
+  # TODO: do we have to set sycl runtime dependencies here
+  # "dpcpp-cpp-rt>=0.59.0",
+  # "intel-cmplr-lib-rt>=0.59.0"
   "numba>=0.59.0",
   "llvmlite>=0.42.0",
   "dpctl>=0.16.1",