MRG World announces its first Affordable Housing Project in Gurugram


Leading Business conglomerate, MRG World which pioneers in the agro sector, financial sectors, and education sector has now forayed into realty market of India and recently announced its first affordable housing project in Gurugram. The Project name- ‘The Balcony’ will be located in Sector 93 of Gurgaon. Spread over 5 acres of area, the project is home to 731 budget-friendly apartments.

‘The Balcony’ will be offering 2 BHK apartments in different size and configurations. The residential tower is IGBC Gold Certified Building and comes with an unmatched price. Each and every unit comes with world-class and modern architecture and is fitted with all the basic fittings and necessities to enhance the lifestyle of the residents in much pocket-friendly rates.

Speaking at the launch, Rajat Goel, Joint MD, MRG World said, “After achieving laurels in our current business, we have now entered into the realty world. ‘The Balcony’ is an affordable housing project, located in sector-93 of Gurgaon. The total cost of the project is Rs 200 crore which will be funded through internal accruals and advances from customers.”

The starting price of the residential unit is Rs 24.04 Lacs.

‘The Balcony’ is also home to state-of-the-art amenities like Food Court, Outdoor Gym, Community Party Lawn, Kids Play Area, and Multipurpose Center Lawn. In terms of connectivity, the project is just 2.5 km from Dwarka Expressway and is at a distance of 15 minutes from IGI airport. Many shopping complexes and multiplexes are also in close vicinity of the project.

“We have set a deadline to complete the project within the next 4 years as stipulated under the housing policy of the Haryana government. The homebuyers can avail the benefits under the Pradhan Mantri Awas Yojana scheme.” Goel added.