Merchant Plaza

• Gf
• Ff
• Sf
• Sa-3
• Sa-4
• Sa-5
• Sa-6
• Sa-7

Infrastructure

100%

Declared completion

Dec 2020

Status

On schedule

Layout approved

NA

Statutory approvals: 15 obtained, 0 pending

Roads

GD BUILDTECH PVT LTD · approved

Electricity

AMPTECH · approved

Water Supply

RG ICON · approved

Agency sign-off for external connections stands at 3 of 3 obtained. Internal approvals and external connections are separate gates — worth raising both before you book.

RERA registration

340 OF 2017 DATED 27.10.2017

Valid up to

20/12/2020

Town planning licence

1 of 2013

Licensee on record

Magnitude Properties Pvt Ltd

Promoter is licensee

No

Promoter CIN

U45201DL2005PTC138897

Permissible FAR

1.75%

Proposed FAR

2.75625%

The land licence is held by Magnitude Properties Pvt Ltd, not by the promoter. That is normal for a collaboration project, but it means the agreement chain runs through two entities — check both before signing.

Merchant Plaza is a other and unclassified project by Silverglades Infrastructure Private Limited in Sector 88, Gurugram, registered with the Haryana Real Estate Regulatory Authority under 340 OF 2017 DATED 27.10.2017. The promoter has declared a project area of 2.756 acres. 415 units are filed for the project. All 15 statutory approvals listed in the filing are recorded as obtained. Agency sign-off for external services stands at 3 of 3 — covering roads, water, electricity, sewage and storm-water drainage. The filed completion date is Dec 2020, with infrastructure reported 100% complete. It is developed on town-planning licence 1 of 2013. The land licence is held by Magnitude Properties Pvt Ltd, with the promoter developing under a collaboration arrangement. All figures are as declared by the promoter to HRERA Gurugram and are not independently verified.

Gurugram, Sector 88