Experion Developers secures prime land parcels in NCR, signaling a strategic move towards expansion

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    Experion Developers (EDPL), a real estate developer backed by Singapore’s Experion Holdings, has recently made significant acquisitions in the National Capital Region (NCR) for their upcoming residential and commercial projects. The company has acquired three land parcels through government auctions, totaling Rs 1,100 crore.

    The primary focus of Experion Developers is on expanding its presence in the Gurugram and Lucknow markets, both of which hold promising potential for real estate development. Among the acquisitions, the company purchased a four-acre land plot on Golf Course Road (GCR) in Gurugram for Rs 400 crore. This prime location will be utilized for office and retail projects, covering a leasable area of over two million sq. ft.

    Additionally, Experion Developers acquired a five-acre parcel in Sector-45 of Noida for Rs 250 crore. The company aims to invest around Rs 700 crore in the GCR project to develop approximately 800,000 sq. ft. of space. In Noida, they plan to invest a similar amount to develop approximately one million sq. ft.

    As a fully FDI-funded real estate developer, Experion Developers has been actively involved in various projects across different regions. Their ongoing developments include townships, group-housing projects, commercial landmarks, organized retail destinations, hotels, and resorts. These projects are spread across Andhra Pradesh, Delhi NCR, Goa, Haryana, Maharashtra, Punjab, Tamil Nadu, and Uttar Pradesh.

    Experion Developers’ recent land acquisitions in NCR highlight their commitment to expanding their portfolio and catering to the growing demand for residential and commercial spaces in Gurugram and Lucknow. With their expertise and financial backing, the company is poised to make a significant impact on the real estate landscape in these regions.

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