| Real Estate Development | Development of residential apartments, villas, commercial towers, retail spaces, and integrated townships. | Strong brand presence in Gurgaon; strategic land holdings; alliances with contractors and consultants; regulatory compliance and governance. | B2C homebuyers, B2B commercial clients, retail investors, and institutional buyers. | High-end luxury apartments and integrated townships have better margins. | 87 | 100 | Sale of developed properties to individuals and businesses; project completions generate revenue. | Project-based sales; direct sales with preferential allotments and standard pricing. | Expansion in tier-2 and tier-3 cities; integrated township developments; focus on luxury and commercial spaces. | Vipul Square, Vipul Tech Square, Vipul Plaza, Vipul Agora, Vipul Gardens |