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DLF bags 350 acres land in Gurgaon for Rs 17.5 bn: Report

Last Updated: Wednesday, August 19, 2009 - 11:11

New Delhi: DLF Ltd, India`s top listed realty firm, has emerged as the sole bidder to qualify for developing 350.7 acres of prime land in a New Delhi suburb, local newspapers reported on Wednesday.

The Times of India, citing government sources in northern state of Haryana, said DLF had agreed to pay 17.5 billion rupees (USD 361 million) for the property.

A state government agency, which had invited bids for the land to be used for sports, commercial and residential development, disqualified two other bidders, Unitech and Bharti Realty on technical ground, the Economic Times said.

Bureau Report

First Published: Wednesday, August 19, 2009 - 11:11

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