MoneyWorks4Me

Vipul receives permission for higher FAR under TOD policy for ‘Aarohan’

16 Apr 2018 Evaluate

Vipul has received a significant permission for higher FAR under the TOD policy of the State of Haryana for its flagship project Aarohan, currently under execution at the Golf Course Road in Gurugram. Post this permission, FAR of the project had doubled, entailing a saleable area of approximately 3.2 million square feet across Phase 1 and phase 2 of residential and a commercial tower.

Further, Aarohan project has also received HRERA registration from the Gurugram RERA Authority for its Commercial Tower. Having already launched the RERA registered phase 1 of Aarohan, the company would now be able to launch the Commercial Tower as well.

Vipul is a leading Real Estate Developer in NCR and is developing properties in Gurugram, Ludhiana, Bawal, Bhubaneshwar and Faridabad.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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