{"id":867,"date":"2024-09-07T11:21:44","date_gmt":"2024-09-07T05:51:44","guid":{"rendered":"https:\/\/www.crematrix.com\/blog\/?p=867"},"modified":"2026-04-21T10:02:29","modified_gmt":"2026-04-21T04:32:29","slug":"county-group-expands-footprint-in-gurugram-with-rs-105-crore-land-acquisition","status":"publish","type":"post","link":"https:\/\/www.crematrix.com\/blog\/county-group-expands-footprint-in-gurugram-with-rs-105-crore-land-acquisition\/","title":{"rendered":"County Group Expands Footprint in Gurugram with Rs 105 Crore Land Acquisition"},"content":{"rendered":"\n

County Group, a real estate company based in Delhi-NCR, has recently acquired a 7.9-acre land parcel in Gurugram for a substantial sum of Rs 105 crore. The land was purchased from Brock Developers Private Limited and Ashiana Landcraft Realty Private Limited, according to documents accessed by CRE Matrix<\/a>. The land parcel is located in Harsaru village, sector 88A, Gurugram, near the Dwarka Expressway.<\/p>\n\n\n\n

This strategic investment is expected to strengthen the County Group’s presence in the rapidly growing Gurugram market and provide opportunities for future development projects.<\/p>\n\n\n\n

Perfect Megastructure Private Limited, a subsidiary of County Group, has acquired the development rights for this 7.9-acre land parcel in Gurugram. The company signed a development agreement with Brock Developers Private Limited and Ashiana Landcraft Realty Private Limited on July 9, 2024. A stamp duty of Rs 2.27 crore was paid for the registration of the agreement. It is believed that the County Group is planning to construct a luxury housing project on the recently purchased land parcel.<\/p>\n\n\n\n

In an announcement earlier this year, County Group stated their intention to invest Rs 5,000 crore over a five-year period in the development of ‘Ivory County’, an ultra-luxury housing project in Noida. Located in Sector 115, near the Faridabad-Noida-Ghaziabad (FNG) Expressway, the project is anticipated to generate approximately Rs 7,500 crore in revenue.<\/p>\n\n\n\n

The acquisition of the land parcel in Gurugram marks a significant milestone for County Group. This strategic move aligns with the company’s ambitious growth plans and demonstrates its commitment to delivering high-quality residential projects in the future. <\/p>\n\n\n\n

Recent Land Transactions in Gurugram<\/strong><\/p>\n\n\n\n

Gurugram’s real estate market is booming, driven by economic growth and increasing urbanization. Developers are actively acquiring land parcels to accommodate their projects. Furthermore, we can expect to see even more such large-scale land transactions in the future.<\/p>\n\n\n\n

In a recent transaction, Oberoi Realty purchased 14.8 acres of land<\/a> in Gurugram for Rs 597 Crore.  In another major land deal, Dvok Buildcon has acquired 18 acres of land in Gurugram<\/a> for Rs. 310 crore.
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