Real Estate Gurgaon

DLF Ltd is in the process of doubling its land holdings after putting off its public issue.
The real estate company is working on a second integrated township near the existing DLF City in Gurgaon, with an estimated investment of Rs 30,000 crore.
In realty circles, the new township is being referred to as DLF City II. It is in accordance with the new master plan for Gurgaon, and will be as large as the existing DLF City spread over 3,000 acres. DLF’s existing township took off in phases — as DLF Phase I, Phase II and so on till Phase V.
The new township is expected to come up in five phases. It, too, will include plots, luxury and middle-income homes, apartments, malls, and offices. Also, with DLF foraying into hospitality, hotels are also likely in the new township
Property prices have been climbing in the last 12-15 months, which means DLF mostly paid less than what it will have to shell out today.

Source:http://www.business-standard.com