Dhani Services Limited, through its wholly-owned subsidiary companies, has announced plans to develop multiple real estate projects in Haryana. In a filing to the stock exchanges, the company disclosed that it has executed Memorandum of Understanding (MoU) and Collaboration Agreements with landowners for these developments, subject to approvals from the Real Estate Regulatory Authority (RERA) and other regulatory bodies.
The projects, which are expected to commence in the financial year 2025-26, include mixed-use, commercial, and residential developments across Gurgaon and Sonipat.
Details of the Projects
- Sector 105, Gurgaon
- Type: Mixed-use colony (95% residential, 5% commercial)
- Land Area: 6.5 acres
- Saleable Area: 14 lakh sq. ft.
- Expected Revenue: ₹3,220 crore
- Sector 99, Gurgaon
- Type: Commercial project
- Land Area: 2 acres
- Saleable Area: 5.44 lakh sq. ft.
- Expected Revenue: ₹1,100 crore
- Sector 99A, Gurgaon
- Type: Commercial project
- Land Area: 3 acres
- Saleable Area: 6.19 lakh sq. ft.
- Expected Revenue: ₹1,250 crore
- Sector 2, Kharkhauda, Sonipat
- Type: Residential plotted project
- Land Area: 15.4 acres
- Saleable Area: 45,000 sq. yards
- Expected Revenue: ₹200 crore
Future Outlook
The total estimated revenue from these projects stands at over ₹5,770 crore. The company’s focus on Haryana’s real estate market reflects the growing demand for residential and commercial properties in the region.
These projects are subject to RERA registration and other necessary regulatory approvals, with development expected to kick off in FY 2025-26.
Dhani Services Limited has assured stakeholders of its commitment to timely execution and compliance with all legal requirements.
