The country’s largest realty firm DLF, has sold 150 plots, garnering more than Rs 500 crore, in a township project at Gurgaon, according to sources. DLF launched yesterday a 100-acre township ‘Alameda’ in Gurgaon.
In the first phase, it released 150 plots at Rs 60,000 a square yard with inaugural discount of 10 per cent, and these were sold within a few hours of the launch, the sources said. The plots are available in two sizes — 540 and 700 square yards. DLF has launched plots in Gurgaon after a gap of few decades, although it has been developing many group housing projects in the area.
The company achieved a sales realisation of more than Rs 500 crore, with an average price for each plot at about Rs 3.5 crore, the sources said, adding it received more than 150 applications. DLF spokesperson could not be reached for comments.
DLF would launch another 200 plots in the township, where it plans to develop shopping centre and provide facilities such as healthcare and recreational facilities for residents. At present, the company has 406 million sq ft area in-hand, of which construction is under way in 57 million sq ft of area.
