DLF has received the Environment Clearance (EC) for its Rs 240 crore commercial project which is to come up in Patto village, Goa. The company’s proposal was first vetted by a green panel and based on its recommendations the Union Environment Ministry has given the final green clearance. The clearance has been given subject to certain conditions.
The proposed commercial complex, to be constructed on a 18,120 square meter plot, would have eight small screen multiplexes for small gatherings and it will be the first of its kind in Goa.
DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.