The Singapore Real Estate Market is on a trajectory of significant growth, projected to expand from USD 46.58 billion in 2024 to USD 64.04 billion by 2029.
The company plans to launch projects in all five land parcels it has acquired recently, in addition to acquiring more land in the NCR and other cities.
Experion Developers, a 100% FDI-funded real estate developer backed by Singapores Experion Holdings, has acquired a land parcel in Gurgaon s Sector 48, through a government auction valued at approximately Rs 550 crore. This is the fourth acquisition by the company in recent months. The company has plans to develop a luxury residential project on the land acquired.
The project, situated on a 10.5-acre land parcel along the Dwarka Expressway, is anticipated to encompass 1 million sq ft of residential area and will be developed in two phases, with the first phase currently under construction. Property consultant CBRE was the transaction advisor for the deal. An email sent to Experion Capital, Vatika Group and CBRE remained unanswered till press time.