Introduction: Elevating Real Estate with Experion Holdings
In an exciting collaboration with Experion Holdings of Singapore, Experion Developers is poised to embark on a monumental real estate venture with a staggering investment of Rs 4,700 crore in the fiscal year 2024. This visionary project encompasses creating high-end residential properties in the vibrant cities of Noida and Gurugram, located adjacent to the national capital.
Unveiling the Grand Vision: 4.1 million Sq. Ft. of Opulence
Anticipating a cumulative revenue of Rs 6,500 crore, Experion Developers is all set to realize this ambitious endeavour. Three illustrious projects are in the pipeline, spanning a sprawling 4.1 million square feet of prime real estate in these dynamic cities.
The Noida Marvel: Sector 45’s Luxurious Haven
The venture earmarks an investment of Rs 1,400 crore for the opulent housing project situated in Noida’s Sector 45. This development promises to be a sanctuary of lavish living, meticulously designed for those who appreciate the finer things in life.
Gurugram’s Dual Delight: Sector 48 and Golf Course Road Sector 42
In Gurugram, two significant projects loom on the horizon. A monumental Rs 1,800 crore is allocated for the Sector 48 project, while a further Rs 1,500 crore is designated for the Golf Course Road Sector 42 project. These projects are poised to redefine luxury living in the heart of Gurugram.
Land Acquisition: The Foundation of Excellence
To secure these remarkable developments, the realty firm acquired 5 acres of land in Noida and two plots totalling 9.5 acres in Gurugram through competitive auctions. This strategic move solidifies their commitment to delivering unparalleled quality and innovation.
Insight from the COO: A Glimpse into the Future
BK Malagi, the Chief Operating Officer of Experion Developers, shed light on the acquisitions, stating, “The Noida plot was procured for approximately Rs 300 crore. We are poised to unveil a premium luxury housing project spanning 1.3 million square feet, with an estimated investment of around Rs 1,400 crore. This project is slated to comprise 300 premium luxury apartments and is scheduled for launch in December 2023 or January 2024.” Malagi further revealed that the Gurugram projects are slated to commence next year.
In Conclusion, Experion Developers, in tandem with Experion Holdings, is set to revolutionize luxury living in Noida and Gurugram. With an investment of Rs 4,700 crore and a vision encompassing 4.1 million square feet of opulent spaces, this venture promises a future of unparalleled comfort and sophistication. Embrace the next level of urban living with Experion Developers!