Delhi-based DLF group would soon have its presence
felt in the fringes of Chandigarh as the company is coming up with their
DLF Garden City Project near Panchkula for which the company is eyeing
200 acres. Out of the 200 acres, the company is said to have acquired
34 acres with rest being underway.
Already DLF, one of the leading real estate developers of India, has
its presence in Chandigarh as the company has set up an IT Park spread
over an area of 12.4 acres with an investment of around Rs 240 crore.
The DLF garden city project that is a residential project in an area
of 34 acres and would offer 2, 3 and 4 Bedroom Hall Kitchen (BHK) apartments.
While the 2 BHK would have 1250 sq feet, the 3 BHK areas would vary
from 1550 sq feet to 2050 sq feet while the 4 BHK would comprise 2250
sq feet to 2550 sq feet.
An official from the DLF, while confirming the news said that DLF has
acquired 34 acres of land near Panchkula on the National Highway-22
and the project would be rolled out soon. The said deal has been finalized
at a whooping amount of Rs 1.14 crores.
According to officials, the DLF is awaiting license from the Haryana
government, which will come by this month end after which the work for
the township would resume.
Apart from the residential apartments the integrated township would
have special features like Club House, Schools, which could be in collaboration
with Vijay International School and Educom and a hospital to be set
up by Fortis or Wockhardt.
Meanwhile, unconfirmed news revealed that DLF was eyeing nearly 400
acres at Mullanpur near Mohalli area.The investment in this project
is again estimated to be over Rs 1 crore. According to officials instead
of the integrated township the DLF has proposed to create a plotted
township in this area.
It is pertinent to mention that after a 123 acre land bid by DLF was
outbid by Parsavnth in 2006, DLF is said to have been scouting for land
near Mohalli and Panchkula.
Earlier also DLF has shown interest in setting up township in UT and
its fringes and third one at Shimla. In Punjab also the company has
was keen interest to set up retail projects in Ludhiana, Jalandhar and
Amritsar, and 5 acres of land has already been purchased in Amristar
for the venture.