Vipul Received RERA Approval For Aarohan Project
Vipul limited, a renowned Gurugram-based real estate developer 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 from the project had doubled, entailing a saleable area of approximately 3.2 mnsqft 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 (RERA Registration No. RC/REP/HARERA/GGM/2018/01). Having already launched the RERA registered phase 1 of AAROHAN, the company would now be able to launch the Commercial Tower as well.
Mr Punit Beriwala, Managing Director, said, "This is a major milestone for AAROHAN and we are one of the early developers to benefit from the Transit Oriented Development(TOD) policy of Haryana State Government which has increased FAR for certain pockets of Gurugram. Having also received the Commercial Tower's RERA registration we are planning to launch the same for sale. The improved office space market, coupled with excellent amenities at an enviable address such as Golf Course Road, gives us immense confidence to sell this tower. Phase 1 of the project is progressing at a good pace and we are seeing improved customer sentiments."