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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
27 Oct 2017
Registered by
SILVERGLADES INFRASTRUCTURE PRIVATE LIMITEDthe company that filed it, for Silverglades
Timeline
  1. 27 Oct 2017Registered with HARERAHARERA, read 4 Nov 2026
  2. 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.

Sector 88, GurugramSector 88, Gurugram (placed by sector) · openstreetmap.orgOpen in Google Maps
Roads and rail lines
  • 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

Its 3 projects in Bhumiq’s records, by what HARERA’s record shows
  • 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.

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 duty
Who 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 record
What 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
The court record of Silverglades’s companies is on the developer’s page →

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.

  • Red flag: Registration expired

    Ended 20 Dec 2020. HARERA Gurugram, read 4 Nov 2026. Source

  • Amber flag: Licence 1 OF 2013 ends soon

    Named in this project’s application. Valid to 6 Jan 2027. DTCP Haryana register, read 3 Nov 2026. Source

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 file
Approved Site Plan14 Jan 2020

Layout plan

1 file
Latest Layout Plan14 Jan 2020

Zoning plan

1 file
Zoning Plan14 Jan 2020

Demarcation plan

1 file
Demarcation Plan14 Jan 2020

Building plans

1 file
Approved Building Plans, Full Set30 Dec 2019

Services

Service plans

1 file
Service Plans on the Layout14 Jan 2020

Approvals and clearances

Occupation certificate (OC)

1 file
OC uploaded1 May 2024

DTCP licence

1 file
Licence Copy with Land Schedule6 Jan 2020

Land records

Land records

1 file
Revenue Record Entry of Licence and Collaboration13 Jan 2020

Money

Accounts and finance

3 files
CA Certificate on the Application’s Figures13 Jan 2020Cash Flow Statement13 Jan 2020Non-Default Certificate from a CA30 Dec 2019

The promoter’s papers

Declarations and affidavits

1 file
The Promoter’s Declaration on Affidavit16 Dec 2019

These 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
  1. Open jamabandi.nic.in, Haryana’s land records site, and choose Nakal.
  2. 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.
  3. Pick the latest year, then a from the list here, such as 22//14/2.
  4. 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 file
Approved Site Plan14 Jan 2020

Layout plan

1 file
Latest Layout Plan14 Jan 2020

Building plans

1 file
Approved Building Plans, Full Set30 Dec 2019

Among 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

Talk to the Bhumiq team about payment plans

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 profile

As of the fetch date shown, HARERA Gurugram records showed the facts above. Statuses change. Verify at the portal for transactions.

Ask Bhumiq about this developer, project or sector.

Plain-language answers on HARERA filings, DTCP licences, occupation certificates and court records, with their government sources and the dates they were read.