Experion Developers, a fully FDI-backed real estate firm supported by Experion Holdings of Singapore, has procured a 5.5- acre land parcel in Gurgaon's Sector 48 through a government auction valued at approximately Rs.5.5 billion. This marks the company's fourth recent acquisition, having previously secured a four acre plot on Golf Course Road, Gurgaon for Rs.4 billion and a five acre plot in Noida Sector 45 for Rs.2.5 billion, both aimed at residential development via government auctions. The Indian branch of Experion Holdings will invest Rs.7 billion in the Golf Course Road project, targeting 800,000 sq ft and another Rs..7 billion in Noida for approximately one million sq ft, projecting revenues of about Rs.34 billion from both projects. Contact: Experion Developers Tel: 0124 628 1630 Website: www.experion.co