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DLF receives approval to set up SEZs for IT sector in Haryana

06 Mar 2020 Evaluate

DLF has received an approval from the government to set up two special economic zones (SEZs) for IT sector in Haryana. The proposed investments for these projects are Rs 793.95 crore and Rs 761.54 crore.

However, the approval for DLF is subject to the condition that the letter of approval for setting up of units would be issued only after the requirement of contiguity of the SEZ is fulfilled by the developer as per the relevant rules and instructions.

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.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.00
DLF 623.00
Oberoi Realty 1710.20
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