DLF will develop a new group housing project ‘The Arbour’, which is spread over 25 acre and comprises 5 towers with a total of 1,137 premium apartments.
DLF, the country’s largest real estate firm in terms of market cap, sold all 1,137 units, each costing Rs 7 crore and above, for over Rs 8,000 crore within 3 days (February 15-17).
In an interview with PTI, DLF Ltd CEO Ashok Tyagi said, “We will develop around 45 lakh square feet area in this new project.”
Asked about the construction cost, he said it will be between Rs 7,000-8,000 per square feet given the amenities promised in this luxury project.
This story is from the March 20, 2023 edition of Millennium Post Delhi.
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This story is from the March 20, 2023 edition of Millennium Post Delhi.
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