194.22-Acre Farrukhnagar Land Tied Up via Collaboration Agreement & Conveyance Deed; GDV Rs. 5,500–6,000 crore
Added a 194.22-acre land parcel at Farrukhnagar, Gurugram — 169.22 acres via collaboration agreement(s) and 25.00 acres bought via conveyance deed(s).
By ScoutQuest · · 2 min read
- Land Acquisition Size
- 194.22 acres (169.22 acres via collaboration agreement, 25.00 acres via conveyance deed)
- Developable Area
- ~6.77 million sq. ft.
- Estimated GDV
- Rs. 5,500–6,000 crore
- Project Type
- Low-density ultra-luxury farmhouse villa project
- Location
- Farrukhnagar, Gurugram, Haryana
What was announced
On 25th September, 2026 the Company informed the exchanges that it has acquired and collaborated for a land parcel of approximately 194.22 acres at Tehsil Farrukhnagar, District Gurugram, Haryana.
- Collaboration agreement(s) for development on approximately 169.22 acres
- Conveyance deed(s) for purchase of approximately 25.00 acres
Scale of the addition
- Estimated developable area: approximately 6.77 million sq. ft.
- Estimated Gross Development Value: approximately Rs. 5,500 – 6,000 crore
The plan
The Company describes the project as an ultra-luxury, low-density farmhouse villa destination for a select clientele, combining villas with sport, hospitality and leisure amenities. The site is stated to be about a 15 minutes' drive from the Dwarka Expressway, with connectivity to the KMP Expressway and frontage on Farrukhnagar-Wazirpur Road. The Farrukhnagar-Gurugram road is slated for a four-lane upgrade at an estimated investment of INR 365 crore, and a Gurugram-Farrukhnagar-Jhajjar highway alignment is being progressed by NHAI.
Company context shared
- Q1 of this fiscal sales bookings: Rs 1,970 crore
- FY2025-26 sales bookings: Rs 8,250 crore
- Delivered so far: 19.2 million sq. ft.
- Pipeline: 23.2 million sq. ft. recently launched, 17.8 million sq. ft. forthcoming, 9.2 million sq. ft. ongoing construction (5.8 million sq. ft. under construction and 3.4 million sq. ft. with OC received), slated for execution over the next 2-3 years
- Market share cited: 13% in NCR and 20% in Gurugram in the INR 20 million to INR 50 million price range
How to read it
This is a land tie-up that expands the development pipeline and marks an entry into a new micro-market and a new ultra-luxury segment. GDV is an estimate of future sales value over the project's life, not revenue booked today, and realisation depends on approvals, launch timing and market conditions.
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More numbers
- Total land parcel194.22 acres
- Land under collaboration agreement(s)169.22 acres
- Land purchased via conveyance deed(s)25.00 acres
- Estimated developable area6.77 million square feet
- Estimated GDV (lower end)Rs. 5,500 crore
- Estimated GDV (upper end)Rs. 6,000 crore
- Road upgrade estimated investmentINR 365 crore
- Q1 sales bookingsRs 1,970 crore
- FY2025-26 sales bookingsRs 8,250 crore
- Area delivered so far19.2 million sq. ft.
- NCR market share13%
- Gurugram market share20%
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