DLF launches Rs 3 crore residential project in Delhi

15 Jan 2022 CW Team

DLF India has launched a luxury housing project, ONE Midtown, having 913 housing units for Rs 3 crore in Delhi.

DLF India, along with its partner, Singapore sovereign wealth fund, GIC Private Limited, is developing the housing project.

DLF told the media that the company had launched its luxury housing project, ONE Midtown at Shivaji Marg, Moti Nagar.

Executive Director and Chief Officer of DLF Home Developers, Aakash Ohri, said that the company has officially launched sales in the housing project.

The construction work for this real estate project was started a few years ago.

The housing has four towers of 39 floors, each having 913 apartments of two, three and four bedrooms. The price of flats starts at Rs 3 crore.

The company has completed three residential complexes in Moti Nagar, including Capital Greens I, II and III. More than 2,700 housing units have been delivered in these three residential complexes.

ONE Midtown is the fourth housing project at this location, namely DLF Midtown. The company has more land banks to develop residential projects in Moti Nagar.

The company has completed 153 real estate projects and a built-in area of nearly 330 million sq ft. DLF has a 215 million sq ft area of development potential across its residential and commercial segments. The company's annuity portfolio is over 35 million sq ft.

The company focuses on the development and sales of residential properties and the development and leasing of commercial and retail properties.

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