NEW DELHI: Indiabulls, previously known as Yaari Digital Integrated Services, has established a joint venture with a private land-holding entity to develop a commercial project spanning approximately 2.38 acres in Sector 103, Gurugram, adjacent to the Dwarka Expressway.
The joint venture has a projected gross development value of ₹600 crore.
The planned development will feature office spaces, retail outlets, food and beverage services, and serviced apartments.
In a related announcement, TARC has unveiled a new phase, ‘Ishvara’, at its residential project in Sector 63A, Gurugram, after receiving regulatory clearance for expansion.
The latest addition follows the acquisition of an adjacent land parcel, increasing the total project area to over nine acres. With this new phase, the project will now encompass six towers with 518 residential units.
The expanded development will offer nearly 1.7 million sq ft of potential space, with an estimated gross development value (GDV) of around ₹3,600 crore.
