New Delhi: Realty firm Experian Developers has acquired 7.81 acres of land in Gurugram for Rs 400 crore to develop a real estate project.
The company, a fully FDI-funded real estate developer and wholly owned subsidiary of Experian Holdings Pte Ltd, Singapore, has acquired a land parcel in Sector 88A, Gurugram.
“The 7.81-acre plot was acquired through outright purchase for approximately Rs 400 crore,” Experian Developers said in a statement.
The project will have a built-up area of approximately 3 million square feet.
In April, the company had said it would invest around Rs 1,500 crore to develop 'Experian Elements', a luxury housing project in Noida, as part of its expansion plans amid a sharp increase in demand for residential properties.
The company is developing around 320 housing units in this 4.7-acre project in Noida, Uttar Pradesh. About 160 units are being launched for sale in the first phase.
Experian Developers is developing townships, residential and commercial projects in Gurugram, Amritsar, Lucknow and Noida.
The company, a fully FDI-funded real estate developer and wholly owned subsidiary of Experian Holdings Pte Ltd, Singapore, has acquired a land parcel in Sector 88A, Gurugram.
“The 7.81-acre plot was acquired through outright purchase for approximately Rs 400 crore,” Experian Developers said in a statement.
The project will have a built-up area of approximately 3 million square feet.
In April, the company had said it would invest around Rs 1,500 crore to develop 'Experian Elements', a luxury housing project in Noida, as part of its expansion plans amid a sharp increase in demand for residential properties.
The company is developing around 320 housing units in this 4.7-acre project in Noida, Uttar Pradesh. About 160 units are being launched for sale in the first phase.
Experian Developers is developing townships, residential and commercial projects in Gurugram, Amritsar, Lucknow and Noida.
