DLF’s arm emerges as bidder for 11.76 acre land parcel at Gurugram

28 Feb 2018

DLF’s unit DLF Home Developers’ subsidiary-- Aadarshini Real Estate Developers has emerged as the highest and successful bidder of an e-auction conducted by Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) for a freehold land parcel admeasuring around 11.76 acre located at Vanijya Nikunj, Phase-V, Udyog Vihar, Gurugram. Multiple bidders participated in the e-auction wherein Aadarshini emerged as the highest bidder at Rs 1496.00 crore.

This project is a strategic fit in the overall master plan of 'Downtown', Gurugram as its location is next to the existing operational buildings of CyberCity, Cyber Park (under construction), and future development of Mall of India, Gurugram. The development of this land parcel is envisaged in the near future and shall be positioned as a Grade A commercial complex in a similar genre as Horizon Centre in DLF5, Gurugram.

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