DLF Launches New High-end Residential Development in Sector 63 Gurgaon

1 year ago 432

Introduction

The DLF Group is an aggressive real estate player in India. The company started out in the 1950s by building apartment blocks, later expanding into shopping malls, hotels and industrial units. It has a presence across the country, with over 40 million square feet of property under its management. DLF competes with other real estate names like Indiabulls Housing and Aditya Birla Group's ABG Lahari."

The DLF Group is an aggressive real estate player in India.

The DLF Group is an aggressive real estate player in India. The company has been around since the 1950s, and it has built many projects in different cities like Delhi, Mumbai, Chennai and Pune.As of now, DLF owns over 6 million square feet of residential space across five cities—New Delhi (1 million sqft), Gurgaon (2 million sqft), Mumbai (1 million sqft), Chennai (567 acres) and Pune(450 acres). It also has a presence in other major cities like Hyderabad (200 acres); Bangalore; Kolkata etc., with plans to expand further into other Tier-II markets like Jaipur & Chandigarh within next few years .DLF New Project In Gurgaon

The company started out in the 1950s by building apartment blocks, later expanding into shopping malls, hotels and industrial units.

DLF has a presence across the country, with over 40 million square feet of property under its management. The company started out in the 1950s by building apartment blocks, later expanding into shopping malls, hotels and industrial units.

In recent years it has been focusing on creating high-end residential developments in sectors such as Gurgaon’s Sector 63 and Noida’s Millennium City.

It has a presence across the country, with over 40 million square feet of property under its management.

DLF has a presence across the country, with over 40 million square feet of property under its management. It has been on top of Forbes India Real Estate list for years now, building some of the most iconic buildings in India.DLF’s new residential development, DLF Infinity Park Gurgaon is spread over 9 acres and will have 6 towers ranging from 3-storey to 5-storey in height. The project is slated for completion by 2020-21 with an estimated cost of Rs 14 billion (USD 2 billion).

DLF competes with other real estate names like Indiabulls Housing and Aditya Birla Group's ABG Lahari.

DLF competes with other real estate names like Indiabulls Housing and Aditya Birla Group's ABG Lahari. It is one of the largest real estate companies in India, with over 2 million residential units under construction and development.DLF’s Gurgaon project is spread across 1,640 acres and has been divided into two phases: Phase-1 (called “DLF West”) will have 1,100 homes priced between Rs 3 crore to Rs 15 crore; while Phase-2 will comprise about 500 homes priced between Rs 5 crore to Rs 20 crore.DLF New Project In Gurgaon

Some of the projects that have been built include DLF City Center 

Some of the projects that have been built include DLF City Center at Nehru Place, DLF Offices at Golf Course Extension Road, DLF City Life at Gurgaon's Sector-63 and Habitat 2A in Pragati Maidan.

DLF has also announced plans to launch a residential township with an investment target of Rs 1 lakh crore by 2022. The company is looking to develop over 3 million hectares across various locations in India and abroad over the next five years as it continues its expansion plans towards becoming one of India's largest developers by 2020.

The company's residential projects have included DLF Connaught Place (the worlds largest shopping mall), Westend Mall and Block 23/24 on Golf Course Extension Road in Gurgaon and also New Delhi's Phase-1 Central Park Town Residences.

DLF is a real estate company. It has built many residential projects in Gurgaon and New Delhi. Some of these projects are shopping malls.

DLF’s first project was the DLF Connaught Place (the worlds largest shopping mall) which opened in 2000, followed by Westend Mall in 2002, Golf Course Extension Road in Gurgaon in 2003 and Phase 1 Central Park Town Residences at Connaught Circus as well as Rohini Sector 5 near Delhi's Indira Gandhi International Airport.[1]

DLF has consistently been on top of Forbes India Real Estate list.

DLF has consistently been on top of Forbes India Real Estate list. For example, DLF 4bhk Apartments On Golf Course Extension Road Gurgaon was ranked #1 in 2015 and #2 in 2016. The real estate company also happens to be one of the largest developers in India with a huge portfolio of projects across different sectors.

Forbes India Real Estate List is a list of the top 5 real estate companies in India. It was started by The Economic Times newspaper as a way to recognize companies that are doing well or have gained prominence in their respective fields based on various criteria such as revenue growth (gross sales), net profit margin, market capitalization etc.,

Conclusion

The DLF Group has consistently been on top of the Forbes India Real Estate list, with the company coming in at number one for several years.