DLF will now invest over Rs 1,400 crore to develop a commercial project in Gurugram after the firm received green nod to expand the office space by nearly 1 million square feet area.
After the Haryana government increased the floor area ration (FAR) under its new TOD (Transit Oriented Development) policy, the DLF applied for development of increased build up area in its ongoing Cyber Park project spread over nearly 12 acres.
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.
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