Merchant Plaza
by Silverglades · Sector 88, Gurugram
Not on our price list yet
About this project
Key facts
- Location
- Sector 88, Gurugram0.6 km from Dwarka Expressway, in a straight linePrices and what changed
- Registered by
- SILVERGLADES INFRASTRUCTURE PRIVATE LIMITEDthe company that filed it, for Silverglades
- 27 Oct 2017Registered with HARERAHARERA, read 4 Nov 2026
- 20 Dec 2020Registration valid toHARERA, read 4 Nov 2026
Location and connectivity
Where it is and what is near it. Every distance is a straight line, not a travel time.
- Dwarka ExpresswayOpen, 17 Aug 20250.6 km
- Delhi–Gurugram–SNB RRTS3.8 km
- Sohna Elevated Corridor (NH-248A)7.8 km
Distances run in a straight line from the map point to each line on OpenStreetMap (read 6 Sep 2026). A stage shows only where an authority’s page states one, dated by that page.
Map data © OpenStreetMap contributors.
The builder
- OC or CC dispatched: 1
- Registered, no OC or CC yet: 2
Other projects nearby
8 of Bhumiq’s projects within 3 km of the map point, nearest first, in a straight line.
| Project | Builder | Distance | Stage | Asking rate | Possession |
|---|---|---|---|---|---|
| Alton Buildtech India | Same sector | — | — | — | |
The Center CourtNo photo on file yet | Ashiana Landcraft Realty | Same sector | — | — | — |
| Oasis Landmarks | Same sector | — | — | — | |
| Oasis Landmarks | Same sector | — | — | 31 Mar 2025 | |
AMB SELFIE WALKNo photo on file yet | Amb Infrabuild | Same sector | — | — | 30 Jun 2028 |
| AIPL | Same sector | Under construction | — | 30 Jun 2028 | |
| Vatika Group | Same sector | — | — | 30 Jul 2022 | |
| Vatika Group | Same sector | — | — | 30 Jul 2022 |
Distances between the two map points, in a straight line; a project Bhumiq places only by its sector is measured to that sector’s point. Stage as Bhumiq’s team recorded it; possession as each developer declared it.
Questions buyers ask
Is Merchant Plaza registered with HARERA?From the records · HARERA, read 4 Nov 2026
HARERA lists it as 340 OF 2017, registered on 27 Oct 2017. Ended 20 Dec 2020. The register shows it as: Registration expired.
The source ↗How is the connectivity around Merchant Plaza?From the records · Map pin and road lines, read 6 Sep 2026
Merchant Plaza is in Sector 88, Gurugram; the site address declared to HARERA is Village Hayatpur, Sector 88. In a straight line it is about 0.6 km from Dwarka Expressway, 3.8 km from Delhi–Gurugram–SNB RRTS and 7.8 km from Sohna Elevated Corridor (NH-248A).
The source ↗What will I pay on top of the price?General guidance
You pay stamp duty and a registration fee when the sale deed is registered. In Haryana the stamp duty rate depends on where the home is and whose name it is registered in. A home still being built also carries GST; a finished home sold after its completion certificate carries none. Developers may also charge for parking, club membership, preferential location (PLC) and a maintenance deposit. Ask for the full cost sheet in writing before you pay a token.
Work out the stamp dutyWho is building Merchant Plaza?From the records · HARERA, read 4 Nov 2026
Merchant Plaza is a Silverglades project, registered by its company SILVERGLADES INFRASTRUCTURE PRIVATE LIMITED.
The source ↗Silverglades's projects and court recordWhat protections do I have as a buyer?General guidance
Under the RERA Act, a registered project has to keep most of the money buyers pay in a separate bank account for that project, sell by carpet area, and stick to the plans it registered unless enough buyers agree to a change. If possession is late, a buyer can ask HARERA for interest or a refund. How this applies to your own purchase depends on your agreement, so ask a lawyer before you sign.
The records
What the registers hold for Merchant Plaza: registration, licence, court, land, approvals and files, each with the register it comes from and the day Bhumiq read it.
- HARERA registration 340 OF 2017: Registration expired. Ended 20 Dec 2020.HARERA, read 4 Nov 2026 · See it on HARERA ↗
- Land licence 1 OF 2013 is on the DTCP register: Licence ends soon; the register prints its validity to 6 Jan 2027.DTCP, read 3 Nov 2026
Flagged on the record
These are dates and statuses the registers print, as of the day Bhumiq read them. They are not a rating of the project.
Not checked yet: the land owner records (jamabandi) and complaints at HARERA.
Homes sold and leftFrom the developer's quarterly reports to HARERA
Registration, licence, land and approvals in fullFrom the registers, with 13 HARERA files, with the dates we read them
- Registration no.
- 340 OF 2017
- Registration date
- 27 Oct 2017
- Registration valid till
- 20 Dec 2020
Declared by the promoter to HARERA
- Land area
- 2.75625 (Acre) (11,154.15 sq m)
- FAR
- 2.76 proposed of 1.75 permissible
- licence
- 1 of 2013
- Estimated project cost
- ₹196.43 crore
- Cost of land
- ₹52.38 crore
Declared inventory · 11 types
Declared inventory — 11 types declared, first 8 shown
- APARTMENT/SHOPS/OTHER BUILDINGS Type GF · 104 units · 2,723 sq m carpet
- APARTMENT/SHOPS/OTHER BUILDINGS Type FF · 85 units · 1,992.37 sq m carpet
- APARTMENT/SHOPS/OTHER BUILDINGS Type SF · 39 units · 824.63 sq m carpet
- APARTMENT/SHOPS/OTHER BUILDINGS Type SA-3 · 35 units · 1,148.12 sq m carpet
- APARTMENT/SHOPS/OTHER BUILDINGS Type SA-4 · 35 units · 1,148.12 sq m carpet
- APARTMENT/SHOPS/OTHER BUILDINGS Type SA-5 · 15 units · 783.49 sq m carpet
- APARTMENT/SHOPS/OTHER BUILDINGS Type SA-6 · 16 units · 601.65 sq m carpet
- APARTMENT/SHOPS/OTHER BUILDINGS Type SA-7 · 22 units · 665.15 sq m carpet
Statutory approvals, as declared · 15
Statutory approvals, as declared
- I. DTCP LICENSE — declared: already been obtained (4 May 2017)
- II. APPROVAL FROM FOREST DEPARTMENT HARYANA UNDER LAND PRESERVATION ACT — declared: already been obtained (17 Jun 2013)
- III. ULTIMATE POWER LOAD REQUIREMENT — declared: already been obtained (9 May 2017)
- IV. NOC FROM CIVIL AVIATION — declared: already been obtained (29 Jan 2015)
- V. NOC/ APPROVAL FROM FIRE DEPTT — declared: already been obtained (12 Apr 2017)
- VI. NOC FOR NON APPLICABILITY OF ARAVALI NOTIFICATION OF 1992 — declared: already been obtained (17 Oct 2013)
- VII. NOC FROM HUDA REGARDING NON USAGE OF GROUND WATER FOR CONSTRUCTION — declared: already been obtained (9 May 2013)
- VIII. ASSURANCE FROM HUDA REGARDING WTER SUPPLY FOR DRINKING — declared: already been obtained (11 Dec 2013)
- IX. LAYOUT OF ELECTRICAL INSTALLATION - SINGLE LIME DIAGRAM — declared: already been obtained (22 Oct 2013)
- X. NOC FROM DEPTT OF MINNING AND GEOLOGY — declared: already been obtained (4 Apr 2014)
- XI. NOC FROM WILDLIFE OFIICER, GURUGRAM — declared: already been obtained (10 Sept 2015)
- XII. ENVIRONMENT CLEARANCE MOEFE&CC;, GOI — declared: already been obtained (28 Feb 2014)
- XIII. CONSENT TO ESTABLISH- HARYANA POLLUTION CONTROL BOARD — declared: already been obtained (16 Jun 2014)
- XIV. DPC CERTIFICATE — declared: already been obtained (29 Apr 2015)
- XV. CHANGE OF NAME FROM EVERLIKE BUILDCON PVT LTD TO SILVERGLADES INFRASTRUCTURE PVT LTD BY DTCP, HARYANA — declared: already been obtained (9 Jan 2017)
On file with HARERA · 13 files
On file with HARERA (13)
Plans
Site plan
1 fileLayout plan
1 fileZoning plan
1 fileDemarcation plan
1 fileBuilding plans
1 fileServices
Service plans
1 fileApprovals and clearances
Occupation certificate (OC)
1 fileDTCP licence
1 fileLand records
Land records
1 fileMoney
Accounts and finance
3 filesThe promoter’s papers
Declarations and affidavits
1 fileThese are the copies HARERA holds. An approval belongs to the department that issued it, not to HARERA.
The DTCP licence named on the application
1 OF 2013 · Silverglades Infrastructure Pvt. Ltd. · GURGAON-MANESAR
Licence valid to 6 Jan 2027
From the Town & Country Planning department’s licence register, read 3 Nov 2026.
A licence is permission to develop the colony; the HARERA registration above is permission to sell, and the two lapse separately.
declared in the registration application (Form REP-I), Gurugram bench · submitted 14 Jan 2020 · read 29 Oct 2026 · not verified by Bhumiq
source: https://haryanarera.gov.in/admincontrol/registered_projects/2 · fetched 4 Nov 2026
Land under the licence
The land the licence was granted over, as the Town & Country Planning department’s land schedule lists it. It does not say who owns the land now.
1 OF 2013: 6 parcels, 2.7562 acres in all, in Hayatpur (hadbast 114), tehsil Harsaru.
The licence register prints the same licensed area, 2.76 acres.
- 22//14/23 kanal
- 22//155 kanal 19 marla
- 22//168 kanal
- 22//17/12 kanal 15 marla
Show the other 2 parcels
- 22//7/18 marla
- 23//20/11 kanal 19 marla
The schedule also names who owned each parcel when the licence was granted. Bhumiq does not show those names.
From DTCP’s land schedule for this licence, read 18 Oct 2026. verify at source
Who owns this land today, or is it mortgaged?
The Bhumiq team checks it with you.
Check it yourself on jamabandi.nic.in
- Open jamabandi.nic.in, Haryana’s land records site, and choose Nakal.
- Pick district Gurugram, then the tehsil and the village: Hayatpur (hadbast 114), tehsil Harsaru. The site lists villages in Hindi, so the hadbast number is the surer match.
- Pick the latest year, then a from the list here, such as 22//14/2.
- Type the CAPTCHA the site shows. The copy it opens names the owners as the revenue department last recorded them.
Bhumiq does not open it for you. The site asks a person to type its CAPTCHA, and the record belongs to the revenue department.
- Collector rate, commercial property
- ₹2,04,750 per sq yd
Sector 88, collector rates effective 1 Apr 2026, Harsaru tehsil. Source
Stamp duty is charged on the higher of the price and the collector rate value. The rate is the government's floor for duty, not a valuation: Bhumiq does not say what a property is worth.
Worked out on this page. Not saved or sent.
Layouts & payment plan
Uploaded by the promoter to HARERA. These are the copies the regulator holds; an approval belongs to the department that issued it.
Site plan
1 fileLayout plan
1 fileBuilding plans
1 fileAmong the uploads Bhumiq read from HARERA's page on 29 Oct 2026 (13 in all), none is a floor plan or a payment plan.
source: https://haryanarera.gov.in/view_project/project_preview_open/1120 · read 29 Oct 2026
The call is with the Bhumiq team. You need a free account so we can call you back.
Run due diligence on Silverglades
Its court cases, its DTCP licences and the source of each fact, free once you sign in.
Open the developer profileAs of the fetch date shown, HARERA Gurugram records showed the facts above. Statuses change. Verify at the portal for transactions.