County Group Revives Gurgaon Projects, Unlocking Rs 4000 Cr Value
Key Highlights
County Group acquires two stalled Gurgaon housing projects, bringing relief to 400 homebuyers and unlocking Rs 4000 crore potential value. Adds 2.6M sq ft.
County Group has taken a significant step to resolve long-standing issues for homebuyers by acquiring two stalled housing projects in Gurgaon. This strategic move is expected to unlock approximately Rs 4,000 crore in potential value and brings much-needed relief to nearly 400 families who have been awaiting possession for over a decade.
The acquisition adds a substantial 2.6 million square feet of saleable area to County Group’s expanding portfolio. This initiative underscores the developer’s commitment to revitalizing distressed real estate assets and fulfilling the aspirations of affected homebuyers.
In addition to the Gurgaon projects, County Group has also recently expanded its footprint by purchasing land in Noida and Ghaziabad, signaling a broader strategy for new developments across the region.