DLF is planning to develop a new luxury housing project in Gurugram with an estimated sales realization of about Rs 1,800 crore. DLF has launched its project 'The Grove', which is located at DLF phase-5. The company has launched a new project which will be low-rise luxury development comprising 292 residences. The total developable area in this project is 8.5 lakh square feet.
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.
