MRG to fund Rs 350 cr for affordable housing project

11 Aug 2021 CW Team

MRG Group, a construction company, which is into affordable housing development, is investing nearly Rs 350 crore in a project construction in Gurgaon. The project includes 1,334 units, and is spread across 10 acre.

It is MGR's fourth affordable housing project. In the housing unit The Skyline, the prices begin from Rs 25.26 lakh.

According to the MRG World officials, there is a rising demand for affordable housing in Gurgaon.

Vikas Garg, Deputy MD, MRG World, told the media that costing of the project would be financed via internal accruals.

The Skyline is located at Dwarka Expressway at Sector 106, developing in single-phase over four years. It is the first affordable housing project in Gurgaon which comprises a car parking space, sports field, and swimming pool.

The firm has three ongoing projects in Gurgaon, and according to the realty group, it would be ready before time. The Balcony at Sector 93, Ultimus is at Sector 90, and The Meridian at sector 89, Gurgaon.

Each of these projects is below the Pradhan Mantri Awas Yojna (PMAY) registration. MRG World also has its presence in the financial, education, and Agri sectors.

Image Source

Also read: SWAMIH Fund to invest in six Amrapali projects worth Rs 650 cr

Also read: Affordable rental housing: DDA nods scheme under Delhi Master Plan

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Sources Unlimited Introduces Vitamine Pendant Lamp by Melogranoblu

Sources Unlimited has launched the Vitamine Pendant Lamp by Melogranoblu in India, expanding its portfolio of curated international luxury lighting solutions. Designed and crafted in Italy, the Vitamine pendant reflects contemporary glass artistry, combining hand-blown craftsmanship with refined aesthetics and atmospheric illumination.The Vitamine Pendant Lamp is sculpted in hand-blown glass and is available in frosted, silver and black metallised finishes. Each finish offers a distinct visual identity while maintaining a cohesive and sophisticated design language. The lamp’s softly contoure..