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DLF Ventures into Mumbai, Goa with Luxury Homes This Year
DLF, India's leading real estate developer, is set to enter the luxury housing markets of Mumbai and Goa by the end of this financial year. The company plans to introduce high-end residential projects, marking its first significant ventures in these regions.
In Mumbai, DLF will launch a premium condominium project in Andheri, featuring luxury apartments priced between ?6 crore and ?8 crore. This development signifies DLF's re-entry into Mumbai's real estate market after a long hiatus. The project aims to cater to the burgeoning demand for luxury homes in India's financial capital.
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DLF Expands into Mumbai and Goa with Luxury Homes
DLF, a prominent real estate developer, has unveiled plans to enter the Mumbai and Goa markets this year with luxury residential projects. This strategic move marks DLF's expansion beyond its traditional strongholds, signalling a bold step into high-potential real estate markets.
In Mumbai, DLF intends to launch upscale residential offerings, catering to the city's demand for premium housing. The projects in Goa, known for its scenic beauty and tourist appeal, will similarly focus on luxury homes, targeting affluent buyers seeking exclusive living experiences in a tropical setting.
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DLF Launches Luxury Project in Gurugram
DLF, India's leading real estate developer, has unveiled an ambitious luxury housing project in Gurugram, valued at ?2.5 billion. Located in Sectors 76 and 77, the DLF Privana project spans over 116 acres and includes high-rise apartments offering spectacular views of the Aravalli Range.
The latest phase, DLF Privana West, features 795 luxury apartments which sold out within three days of launch, generating around ?550 million. This follows the success of DLF Privana South, which sold 1,113 units for approximately ?720 million earlier in the year. These developments highlight the stron..
Brookfield India REIT to Acquire Bharti's Stake in Realty JV
Brookfield India Real Estate Trust (BIRET) is set to acquire nearly 50% stake in a real estate joint venture with Bharti Enterprises. This joint venture, Rostrum Realty Private Limited, includes properties across Delhi-NCR. The transaction is valued at approximately ?6,000 crores. Last year, Brookfield Asset Management already acquired a similar stake in four Bharti commercial properties.
With this acquisition, Brookfield?s REIT in India and Brookfield Asset Management will collectively control Rostrum Realty. This move is part of Brookfield's strategy to expand its real estate portfoli..
DLF Ventures into Mumbai, Goa with Luxury Homes This Year
DLF, India's leading real estate developer, is set to enter the luxury housing markets of Mumbai and Goa by the end of this financial year. The company plans to introduce high-end residential projects, marking its first significant ventures in these regions.
In Mumbai, DLF will launch a premium condominium project in Andheri, featuring luxury apartments priced between ?6 crore and ?8 crore. This development signifies DLF's re-entry into Mumbai's real estate market after a long hiatus. The project aims to cater to the burgeoning demand for luxury homes in India's financial capital.
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