MoneyWorks4Me

DLF to mop up Rs 6000 crore from Gurgaon super luxury residential project: Report

28 Jun 2012 Evaluate

India’s largest real estate developer, DLF is reportedly aiming to mop up Rs 6000 crore from its super luxury residential project in Gurgaon. In this regard, the company will launch its new residential project in Delhi-NCR and the sales of which will begin in September-October this year.

Further, the company is planning to put about 500 flats on sale at Gurgaon Golf Course at a price of Rs 20,000 per square foot, excluding surcharges.

Recently, the realty developer announced that it is in talks with four entities, viz, IDFC, ReNew, Bharat Light & Power and Green Orient, for the sale of its wind business for around Rs 1000 crore.

Peers
Company Name CMP
Lodha Developers 1079.90
Prestige EstatesProj 1432.20
Dilip Buildcon 404.00
DLF 623.90
Oberoi Realty 1705.00
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