MoneyWorks4Me

DLF awards Rs 800 crore contract to L&T

29 Feb 2016 Evaluate

Realty major DLF has awarded around Rs 800 crore contract to Larsen & Toubro (L&T) for construction of its new office complex in Gurgaon. The 12-acre project would be developed at a cost of Rs 1,100 crore and has a total leaseable area of 2 million sq ft.

The construction of this office project has started and is expected to be completed by March 2018. The project is being designed by Hafeez Contractor and managed by Hill International.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 288 million square feet (approximately) of development potential with 45 million square feet of projects under construction.

 

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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