subject: Dlf Newly Launch Project At Sector 86, Gurgaon [print this page] DLF has ongoing expansion of group housing colonies in over 100 acres at sectors 86, 90 and 91, and 3,200 apartments are under construction & DLF has decided to bring up with its new residential property at Sector 86 within few days at Gurgaon.
Gurgaon is amongst those few cities which have come out through soaring colors in say about a decade or two. The inhabitants of Gurgaon get pleasure from the encouraging livings situation, facilities and way of life, whereas being in close proximity to the national capital of India. Well associated to Delhi through road and Metro train, this city in the state of Haryana has multiplied business in vast dealings by attracting a figure of corporate together with National and Multinational companies.
The areas in and around Gurgaon are overflowing with all shape of properties such as residential, institutional, commercial and industrial properties. However, the mainly demanded of all is the residential belongings as a lot of citizens from extra parts of the country are here for the reason of their employment. Some of them favor to live in rented properties while the others are involved in buying a residence for themselves. Also a number of the investors find it to be a suitable place for investment in property. No doubt, the rates are revising very often and the investors or owners are pocketing a attractive amount of profit, whether received or unrealized and with no harmful signs of any dip in property rates the profits on such investments are promising high returns in near future. DLF builder king of Gurgaon Property offering New Project at Gurgaon.
DLF will reveal its new housing plan in Delhi-NCR, the sales of which will start in September-October this year. DLF plans to publicize around 500 flats at Gurgaon and a price of Rs 20,000 per square foot, without surcharges, reported CNBC-TV18.
DLF has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 340 msf of planned projects with 55 msf of projects under construction.
DLF'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. Its exposure across businesses, segments and geographies, mitigates any down-cycles in the market. From developing 22 major colonies in Delhi, DLF is now present across 15 states-24 cities in India.
DLF has already prolonged its asset sales programmed to Rs 10,000 crore from Rs 6,000 crore earlier, of which it has achieved Rs 4,800 crore in asset sales, thus clawing back around half the equity raised in 2007. The management is now confident of closing transactions worth Rs 3,000-4000 crore in the next six months. This would further augment positive cash flows expected from improved sales booking in the first half of financial year 2013.
