Triverse Homes – Premium Projects in Gurgaon

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  • DLF sells 551 independent floors in Gurugram for over Rs 1,200 cr

    DLF sells 551 independent floors in Gurugram for over Rs 1,200 cr

    Realty major DLF Ltd has sold 551 luxury independent floors in Gurugram since October last year for over Rs 1,200 crore and is planning to launch more such residential units this fiscal to encash strong demand, a senior company official said on Sunday.

    In an interview with PTI, DLF Home Developers Ltd Senior Executive Director Aakash Ohri expressed confidence that the company would achieve its sales guidance of average Rs 1,000 crore a quarter, driven by need for home ownership and upgradation to bigger homes with better amenities amid the COVID-19 pandemic.

    “We have done phenomenally well in terms of sales. We sold over Rs 3,000 crore worth homes during 2020-21 fiscal despite the COVID pandemic,” he told PTI.

    The housing sales picked up fast after the first quarter which was muted because of the nationwide coronavirus lockdown.

    “People want to pick up good products from credible developers. They want better amenities and high quality of safety, security and services in residential complexes,” he said.

    Ohri highlighted that the company’s decision to monetise several small land parcels, which it owned in Gurugram, through development of independent floors have paid off.

    “We have launched and sold 551 apartments since October 2020,” he said, adding that the company would continue to focus on the development of independent floors in DLF phase 1-5 and new Gurugram.

    The sales value of these 551 units is around Rs 1,230 crore.

    DLF launched these floors between Rs 11,000 per sq ft and Rs 15,000 per sq ft. The price range is Rs 3 crore to Rs 5.6 crore including the GST.

    In DLF Gardencity New Gurugram, independent floors have been launched at Rs 6,000-6,500 per sq ft. The ticket size is Rs 1.25-1.7 crore.

    DLF has started construction of these independent floors and will deliver them in the next two years.

    Ohri noted that plots and independent floors continue to remain an attractive investment option due to lower investment cost and high returns.

    “Based on the demand and learnings from last year, this year our focus is to scale up launches of new products, revamp our premium and mid-income housing offerings and continue to monetise our finished inventory across regions,” Ohri said.

    Talking about its ultra luxury project Camellias in Gurugram, he said housing sales have been robust and the company remains focused to sell ready-to-move-in units worth Rs 4,000 crore in this property.

    He noted that rental yield of its various properties at Golf Course Road has reached around 4 per cent.

    “The appreciation in capital as well as rental values in our properties are high. Customers get good returns on their investment,” Ohri said.

    On launch pipeline besides Gurugram, DLF’s Senior ED informed that the company plans to launch

    projects in the national capital, Kasauli, Himachal Pradesh, tri-city in Chandigarh and Panchkula, and Chennai.

    Earier this month, DLF reported its sales bookings numbers for last fiscal at Rs 3,084 crore, up 24 per cent from the previous year.

    The company has given a guidance of sales bookings of Rs 4,000 crore for FY’22.

    “We are confident of achieving average sales of Rs 1,000 crore per quarter,” Ohri said.

    On financial performance front, DLF reported a consolidated net profit of Rs 480.94 crore for the quarter ended March 2021.

    The company had posted a net loss of Rs 1,857.76 crore in the year-ago period.

    Total income rose to Rs 1,906.59 crore in the fourth quarter of last fiscal year, from Rs 1,873.80 crore in the corresponding period of the previous year.

    For entire financial year 2020-21, DLF posted net profit of 1,093.61 crore as against a net loss of 583.19 crore.

    Total income fell to Rs 5,944.89 crore last fiscal from Rs 6,888.14 in the financial year 2019-20.

  • New Gurgaon: An emerging residential and commercial hotspot in NCR

    New Gurgaon: An emerging residential and commercial hotspot in NCR

    With the Gurgaon region nearing saturation, the focus is now shifting towards New Gurgaon that has emerged as a vibrant hotspot of residential and commercial activities.

    Bolstered by strategic location and rapid infrastructural developments, Millennium City has emerged as a sought-after destination for Fortune 500 multinational companies and IT firms. The region is home to several business districts characterized by integrated developments encompassing workplaces, retail spaces, food and beverage outlets, and entertainment options.

    With this region nearing saturation, the focus is now shifting towards New Gurugram that has emerged as a vibrant hotspot of residential and commercial activities. Excellent connectivity and a spate of infrastructural developments have led to the emergence of several industrial hubs in the vicinity of New Gurgaon, such as Manesar, Neemrana, Bawal, Dharuhera and Bhiwadi on one hand, and Cyber City, Sohna Road, Udyog Vihar on the other.

    The rise of office spaces has invariably strengthened social infrastructure in the vicinity, including schools and higher educational institutions, banking and financial companies, commercial and retail spaces, restaurants and food and beverage outlets, entertainment and recreation spaces, and much more. The area is home to leading firms such as Grey Orange, TCS, American Express, and many more. Leading brands such as HDFC, ICICI, KFC Sodhi’s and The Body Shop, etc have sprung up in the region. Moreover, Big Bazaar, Decathlon, and Cinepolis are expected to make inroads into the region soon.

    The untapped potential of New Gurugram has prompted several real estate developers to foray into the region. The state-of-art office spaces combining retail, entertainment, food, and beverage amenities under one roof are the hallmark of their reality offerings.

    Prominent among the developers betting big on New Gurgaon is DLF. The developer has approximately 300 acres of land in this region. It has ambitious plans for the development of over 25 million sq. ft of area in the future. Its marquee offering – DLF Corporate Greens – is redefining the landscape through best-in-class amenities and enhanced customer experience. A recent deal between DLF and American Express, worth Rs 300 crore for nine acres of land – is a testimony to the tremendous potential of the region.

    “The Millennium city Gurugram has surfaced as a template for future cities and not just a real estate hub. As a bold and future-focused city and having a strategic location that facilitated excellent connectivity, it is asserted as India’s newest hub for corporates to establish their headquarters, which includes most of India’s Fortune 500 companies. In the last decade, Gurugram’s soaring success has given way to the emergence of New Gurgaon, as the new nerve center and the sub-business district of Gurugram. IT and Manufacturing companies have reasonably dominated this region leading to an explosion of residential hubs around these commercial developments, gentrifying the changing landscape,” says Karan Kumar, CMO, DLF Ltd.

    “Located strategically between Manesar and Gurgaon, the area not just enjoys seamless connectivity to New Delhi and other peripheral areas, but its planned infrastructure and availability of housing options across categories make New Gurgaon a preferred location for many. The increase in demand and the rise in ‘walk to work’ culture have led to leading commercial and retail brands settling in this area, making it the upcoming commercial hub of NCR,” adds Kumar.

    Plaza at 106 by VIRIDIAN RED is located at a prime location of Dwarka Expressway in sector 106 Gurgaon. According to industry experts, the project is an ideal amalgamation of multi-utility studio, retail and commercial spaces.

    Vatika Group and Elan Group are also among the dominant players in the region. Vatika Group houses all its verticals occupying a 1 lakh sq. ft. campus-style office in the 1 million sq. ft. of ready-to-move-in commercial and retail space INXT. Elan has come up with offerings such as Elan Mercado – a three-acre-integrated development with a mix of High-Street Retail, Foodcourt, Multiplex & Luxury Serviced Residences in Sector 80, New Gurgaon.

    Vineet Taing, President, Vatika Business Centre, says, “With diversified industries not limited to hospitality, healthcare, retail, banking, education, and many others joining the bandwagon, makes it more attractive for potential investors. Vatika Group, which holds the largest chunk of real estate offerings here in New Gurugram, has also relocated all its verticals occupying 1 lakh sq. ft., campus-style, office which is a part of 1 million sq. ft. of ready-to-move-in commercial and retail space INXT has in the offering, in lines with its vision to be a part of New Gurugram’s growth story. We would soon be launching our Business Centres, Managed Office Spaces and Sub-leased fitted-out spaces in Vatika INXT.”

    The commissioning of the Delhi-Mumbai Industrial Corridor and Dedicated Freight Corridor will open new vistas of opportunities and unlock the economic potential of New Gurgaon. Moreover, next-generation mobility systems such as Regional Rapid Transit System (RRTS) and Delhi-Faridabad Metro Rail Link will enhance connectivity, thereby attracting several more companies to establish their base here.

    According to industry experts, amid infrastructural developments and increased developers’ interest, New Gurgaon’s commercial boom is here to stay, fuelling residential developments and transforming it into a prominent nerve center and the sub-business district of Gurugram on the lines of DLF Cybercity.  

  • DLF to enter into Noida & Mumbai Markets by the end of this Fiscal

    DLF to enter into Noida & Mumbai Markets by the end of this Fiscal

    DLF will quickly enter the Mumbai market whilst the corporate is finalising plans to monetise its land financial institution in Nagpur and Pune, DLF’s newly appointed chief government, Ashok Tyagi instructed buyers on Tuesday.“Tulsiwadi in Mumbai is something we are looking to monetise and we feel now is the right time to take it to the market. We are talking to both the shareholders,” Tyagi stated.

    With a growth potential of 9 lakh sq ft and a premium location, the corporate is anticipated to launch high-end residential towers by the tip of this fiscal.

    Expansion Plans & Mumbai Market Entry

    “A lot of local players are approaching us from Mumbai and we are in discussions with them. We don’t want to be on our own and there are multiple proposals. We are currently evaluating all the proposals,” Tyagi stated.

    Noida Market Opportunities & Asset Acquisition

    The firm can be the Noida market and was evaluating a careworn asset.
    DLF Ltd reported an internet revenue of Rs 337.17 crore for the quarter ended June in contrast to a lack of Rs 71.52 crore within the corresponding quarter final yr as sturdy demand in residential enterprise buoyed total gross sales.

    The consolidated income of the corporate stood at Rs 1,243 crore, reflecting a 92 per cent Y-O-Y enhance.

    Net gross sales bookings stood at Rs 1,014 crore, reflecting Y-O-Y progress of 567%, whereas gross sales from new launches totted up to Rs 542 crore.

    Success of The Camellias & Premium Floors

    “Sale of Super luxury apartments in The Camellias and independent floors have contributed Rs 900 cr of the sale. While demand for large apartments has pushed the sale of Camellias, many fence-sitters have bought after we launched the club. The club is something which the world has never seen and we have done a lot of work in Camellias in the last four years,” stated Aakash Ohri, senior government director of DLF Home Developers Ltd.

    According to ICICI securities, regardless of the influence of the second Covid wave in North India through the quarter, DLF clocked internet gross sales bookings of Rs 10.1 bn in Q1FY22 vs. Q4FY21 bookings of Rs 10.6 bn and Q1FY21 bookings of simply Rs 1.5 bn.

    “We expect the sales to increase further around September-October when NRIs start coming into India. Whatever inventory we have, we are focusing on selling it and then will do the same in the new geographies we are entering,” stated Ohri.

    Upcoming Project Launch Pipeline

    The firm intends to launch new tasks of 8.3msf in FY22E and is focusing on an annual reserving run-rate of at the least Rs40bn vs pre-Covid ranges of Rs20-25bn on the again of recent launches alongside with accomplished stock value Rs51.8bn as of Jun ’21.

    According to business studies, the worth of the models in The Camellias has appreciated by 88% on an absolute foundation.

    The Camellias, launched in 2014 at Rs 22,500/sq ft, is at present promoting at Rs 38,500/sq ft.

    The whole worth of the project is Rs 12,000 crore and, by DLF, about 15% of the homeowners are upgraders from ‘The Magnolias’ and ‘The Aralias’, whereas most patrons are from Delhi NCR.

  • DLF to increase prices across residential projects portfolio

    DLF to increase prices across residential projects portfolio

    Although the premier real estate developer did not offer details on the dlf residential projects that may see a price hike, it has indicated that the increase is likely to be under 5% in the current fiscal.

    DLF Plans Selective Price Hike Amid Rising Demand

    Since independent floors and luxury housing have seen good demand, DLF is planning to increase prices selectively across its residential projects. The firm has already raised prices thrice between November last year and March 2021 on DLF independent floors in Gurgaon, besides doing away with some discounts on DLF Camellias.

    Price Increase Likely to Stay Below 5% in FY22

    Although the real estate developer did not offer details on the products that may see a price hike, it has indicated that the increase is likely to be under 5% in the current fiscal. DLF is keen on revamping its premium and mid-income housing, which has been consistently gaining homebuyer’s interest in the last 8-12 months.

    At its quarterly earnings call on Tuesday, DLF said it is “looking” at increasing prices “selectively” across the residential projects portfolio depending upon market demand. On a weighted average basis, the price increase could translate into “sub 5%”, which the firm expects to hold on during FY22. Its Q1 FY22 results presentation also said it is exploring a “judicious price increase in line with market acceptability”.

    DLF Independent Floors See Significant Price Growth

    DLF launched independent floors in Phase-3 (Gurgaon) at Rs 11,000 per sq ft in November last year. Later in February 2021, prices raised to Rs 12,500 per sq ft, translating into a growth of 14% on a like-to-like basis between November 2020 and March this year.

    In March 2021, the company launched independent floors in Phase-1 at a price of around Rs 15,000 per sq ft. However, it emphasised that the rally was largely driven by the project’s strategic location. DLF has also slashed discounts on the ultra-luxury housing, Camellias, which is about 4-5% and translates to an improved recovery of Rs 1,500-2,000 per sq ft.

    The company said it received an encouraging response on independent floors across DLF city and Garden City New Gurgaon vindicating product demand and acceptability. New products, which include plotted development in Gurgaon, recorded sales booking of Rs 542 crore for 0.5 million sq ft (MSF) in Q1 FY22. So far it has booked 1.3 MSF of space in the project spread over 1.5 MSF.

    Camellias witnessed sustained demand. In April-June, it reported a sales booking of Rs 330 crore for 0.1 MSF. It has a total area of 3.6 MSF, of which so far 2.4 MSF has booked. The housing project has posted consistent double-digit sales in the last 4 quarters.

    DLF Midtown Set for Launch with High Revenue Potential

    DLF will open sales booking for its flagship premium luxury project, DLF Midtown in central Delhi, in the second half of FY22. At present, the company is busy with RERA approvals for the high-rise condos. The project size is 8 MSF, of which 2.1 MSF will delivered by H2 FY22 and the remaining 6 MSF after FY24. Midtown’s total sales potential is Rs 12,000-15,000 crore.

  • Dlf Regal Gardens – A Regal Retreat In The Heart Of Gardencity

    Dlf Regal Gardens – A Regal Retreat In The Heart Of Gardencity

    DLF REGAL GARDENS: LUXURY 4 BHK RESIDENCES IN SECTOR 90, GURUGRAM STARTING RS. 1.6 CR*

    Why Now?

    • Market buying sentiment is moving towards Ready to Move in
    • Established brands with good delivery past record to be preferred
    • Renewed interest from NRI
    • As per IMF reports, Indian economy will be the only G20 country to have positive economic growth @ 1.9% and projected to grow at 7.4% in 2021-22
    • Lowest home loan rate as of now (SBI @ 6.75% pa)

    Why DLF?

    With a track record of over 70 years of sustained growth, customer satisfaction, and innovation, DLF has developed around 20.53 million square meters to date across residential, commercial and retail properties. From developing 22 major colonies in Delhi, DLF is now present across 15 states-24 cities in India.

    • We Work Round the clock to make sure you sleep comfortably
    • Be it COVID-19 or no COVID-19, DLF would always go a mile ahead to make sure the safety of our residents.
    • Round the Clock Security Services
    • Shuttle Services covering the major drop zones of Gurgaon exclusively for DLF residents
    • Quick Response Team available 24/7
    • Ambulance Placed outside the project 24/7

    Dlf Regal Gardens

    • ARCHITECT: HAFEEZ CONTRACTOR
    • LANDSCAPE :ARCHITECT PAUL FRIEDBERG
    • TOTAL SITE AREA :11.1 ACRES
    • TOTAL GREEN AREA : 5 ACRES APPROX.
    • Total No of Towers : 9 ( 5 tower 3 BHK & 4 Tower 4 BHK)
    • No of Apartment : 587 Apartments
    • Club Area 35000 sq.ft

    Regal Gardens lifestyle, one with the elements

    • Located In the heart of DLF Gardencity
    • Close to Multi Utility Corridor – which is the spine of DLF Gardencity
    • Easy access from all locations in Delhi and Gurgaon
    • From Central Delhi via NH8 merging into 135m Multi-utility corridor via Central Periphery road
    • From South Delhi via Southern periphery road
    • From Dwarka via Northern periphery road (Dwarka Expressway)

    Key Distances

    • 4 kms National Highway 8
    • 500 Mts Multi Utility Corridor
    • 19 kms Cyber City
    • 24 kms International Airport
    • 2 kms Dwarka Expressway (NPR)
    • 2 kms Proposed Metro & ISBT
    • 11 kms KMP Expressway
    • 2 kms IMT Manesar

    Highlights

    TRELLIS WALKWAY

    • CONTINUOUS TRELLIS WALKWAY CONNECTING THE LANDSCAPE GREENS THROUGHOUT
    • BENCHES WITH PLANTERS ON BOTH SIDES OF THE PATHWAY FOR PEOPLE TO SIT AWHILE WHILE WALKING.

    ENTRANCE SPECIAL WATER FEATURE

    • CONTEMPORARY STYLE SEMI SHADED PATHWAY
    • PERGOLA GIVEN ON EVRY ACCESS POINT OF TOWER TO GREENS

    SWIMMING POOL

    • THE SWIMMING POOL HAS A CENTRAL ISLAND WITH FLOWING WATER CHANNELS ON ONE SIDE MERGING INTO THE MAIN POOL
    • THE POOL IS A COMBINATION OF GREEN LANDSCAPE ISLAND AND WATER ELEMENT
    • CLUB AREA IS SUNKEN FROM THE OVERALL LANDSCAPE SO THAT THE RESIDENTS GET A GOOD LOOK OF THE CLUB LANDSCAPE AS WELL AS THE VISITORS RESIDING GET A FEEL OF RESORT LIVING

    SPORTS AMENITIES

    • TENNIS COURT, HALF
    • BASKETBALL
    • CRICKET PITCH
    • INDOOR SPORTS
    • TABLE TENNIS
    • BADMINTON

    Do you still need more reasons to buy a home here in Regal Gardens? In conclusion, Dlf Regal Gardens offers you the most luxurious and spacious residences. These opportunities don’t come twice, so think about the plethora of benefits and pay a visit asap.

  • DLF Signature Residences – DLF Floors Phase 4 Gurgaon

    DLF Signature Residences – DLF Floors Phase 4 Gurgaon

    DLF Signature Residences

    A limited opportunity to own DLF Signature Residences in DLF Floors Phase 4 the heart of GurugramOwn a piece of a unique urban lifestyle, where the privacy of independent floor living is never far from the advantages of a bustling metro.

    HRERA registration no. – RC/REP/HARERA/GGM/483/215/2021/51 dated 14.09.2021.
    HRERA website – https://haryanarera.gov.in
    Promoter DLF Home Developers Limited
    Project – Independent Floors at DLF City Phase IV

    Never far from nature

    With an exquisite terrace garden and tree-lined avenues and parks nearby, these dlf independent floors are your gateway to a pristine world, surrounded by natural beauty, well concealed within the modernity of an urban home.

    In the heart of urban conveniences 

    The bustling city with its vibrant colours and energetic vibes is just a quick walk, or a short drive away. Be it shopping destinations or dining rendezvous; be it me-time or meet-up time, the city is at your beck and call. A short distance from your own little world, the vibrant DLF Cyberhub awaits you, with trendy restaurants and bars to let your hair down. Stopover at The Galleria for everyday conveniences or go mall-hopping on MG Road for a spot of retail indulgence or to catch a blockbuster in a cineplex.

    The joy of independent living

    Eventually, it’s all about space. Space you can call your own. These independent units are efficiently planned to offer you maximum usable area. Each room is planned to ensure brightness and unhindered airflow. Covered car parking at the stilt level entrance, with an elevator and staircase lobby equipped with CCTV cameras, provide a secure and
    comfortable experience.

    • One home per floor ensuring maximum usable area
    • Enhanced floor-to-floor height up to 3.2 meters
    • Home automation**
    • Exquisite terrace garden**
    • Fully fitted modular kitchen with appliances**

    DLF Floors Phase 4 Area & Price

    Plot SizeConfigurationBuiltup AreaBooking Amount
    293 SQYD4 BHK+SQ+ST2314 SQFT₹10 Lac
    341 SQYD4 BHK+SQ+ST2461 SQFT₹10 Lac
    358 SQYD4 BHK+SQ+ST2555 SQFT₹10 Lac
    377 SQYD4 BHK+SQ+ST2697 SQFT₹10 Lac
    389 SQYD4 BHK+SQ+ST2852 SQFT₹10 Lac
    405 SQYD4 BHK+SQ+ST3138 SQFT₹10 Lac
    447 SQYD4 BHK+SQ+ST3327 SQFT₹10 Lac

    Attractive and advantageous location.

    DLF City Phase IV with a host of sector roads and supporting network of internal roads, seamlessly connects to the 16-lane signal free expressway, Raghvendra Marg on one side and MG Road and NH-48 on the other.

    DLF City Phase I Rapid Metro station and IFFCO Chowk Metro station in proximity further add to the express connectivity of the location. Retail destinations with premier socialising zones at The Galleria market, DLF Cyberhub and MG Road are only a short drive away

    Distances to major locations

    Schools

    • The Shri Ram School Aravali, DLF City Phase IV 1.0 km
    • Shiv Nadar School, DLF City Phase I 2.4 km
    • Ridge Valley School, DLF City Phase IV 0.5 km
    • Kunskapsskolan, DLF City Phase I 3.8 km

    Hospitals

    • Max Hospital 1.9 km
    • Paras Hospital 3.8 km
    • Fortis Memorial Research Institute 2.7 km
    • Medanta Medicity Hospital 7.6 km

    Offices

    • Horizon Centre , DLF5 3.5 km
    • DLF Cybercity 6 km
    • DLF Cyberpark 6.5 km
    • Udyog Vihar Phase -II 7.5 km

    Retail

    • Galleria Market, DLF City Phase IV 0.5 km
    • MG Road, Gurugram (Malls) 2.6 km
    • Ambience Mall, Gurugram 6.2 km
    • Le Meridien, Gurugram 4.0 km

    Hotels

    • The Oberoi Hotel, Gurugram 5.5 km
    • Trident, Gurugram 5.4 km
    • The Leela, Gurugram 6 km
    • DLF City Club4 , DLF City Phase IV 0.5 km

    Recreation

    • Horizon Plaza 2.9 km
    • DLF City Club3, DLF City Phase III 4.6 km
    • Aravalli Biodiversity Park, Gurugram 4.2 km
    • DLF Cyberhub 4.4 km

    Connectivity

    • Raghvendra Marg 1.6 km
    • DLF City Phase I Metro Station 1.6 km
    • Sikanderpur Metro Station 2.5 km
    • Indira Gandhi International Airport, New Delhi 15.8 km

    An exclusive club for a discerning you.

    When the service is extraordinary, the experience can only be unique and unforgettable. Discover the hub of leisure, dining and sporting activities, right in your neighbourhood – DLF Club4 is just a short drive away. Take a leisurely dip in the swimming pool or challenge your friends to a game of tennis or burn some calories in the world-class gym. Relish various gourmet experiences with your family at the restaurant or celebrate with friends in the air-conditioned ballroom and party lawns. For those who seek the privacy of independent floor living, DLF Club4 offers the perfect balance with access to the benefits of community living close to home.

  • DLF Siruseri Plots in Parc Estate, OMR Chennai

    DLF Siruseri Plots in Parc Estate, OMR Chennai

    One of India’s largest developers DLF presents Chennai’s First Theme-Based Plotted Development DLF Park Estate in 85+ Acres on OMR Chennai, Tamil Nadu (Chennai’s IT Growth Corridor). DLF Siruseri Plots spread over 85 sprawling acres of area to cut out a total of 1509 plots in different dimensions. First-ever gated plots on theme parks to create pollutant-free ambience by DLF LTD to address an iconic space for a get to the real opportunity of modern lifestyle.

    DLF Limited

    Founded in 1946 by Chaudhary Raghavendra Singh, DLF started with the creation of 22 urban colonies in Delhi. In 1985, the company expanded into the then-unknown region of Gurugram, creating exceptional living and working spaces for the new Indian global professionals. Today, DLF is the largest publicly listed real estate company in India, with residential, commercial, and retail properties in 15 states and 24 cities.

    DLF CYBERCITY CHENNAI

    Chennai and DLF have been partners in growth for more than a decade and together, they’ve made Chennai the epicentre of the IT industry.

    • 43 acre integrated campus
    • 4.5 acres of green zone
    • 2 acres sports zone

    DLF DOWNTOWN CHENNAI

    The new epicentre of Chennai’s IT corridor, DLF Downtown will be a modern workspace with world-class amenities making it a perfect confluence of productivity and collaboration.

    • 27 acres total space
    • 6.8 million sq ft of workspaces

    WHY CHENNAI?

    Capital state of Tamil Nadu| Detroit of India | Largest industrial and commercial centre of South India

    • Literacy rate – 90.33% | >17,000 USD IT Exports | 45%India’s Motor Vehicle Export
    • A city with a cumulative FDI investment of $29.4 Billion since the year 2000
    • 4 pillars of economic drive – Auto & Auto ancillaries manufacturing, IT/ ITeS, Medical Tourism, and Electronics
      hardware manufacturing.
    • 30,000+ MSME Industries in the city with lakhs of employment opportunities prevailing

    WALK TO WORK.

    DLF Cyber City

    • Corporate park in Gurugram, Haryana, India opened in 2004
    • Home to some of the top IT & Fortune 500 companies in India
    • The “futuristic commercial hub“
    • Retail hub ~ large number of leading restaurants and shops
    • Metro & 16-lane expressway
      Office | Residential | Education | Retail

    BKC ONE

    Business and residential district in the city of Mumbai

    • Commands one of the highest property rates in the country
    • 600,000 people working in various offices throughout the BKC
    • MNC and National Banks head offices, Reliance Jio World Garden
    • Diamond Hub
    • 370 hectares of once low-lying land on either side of the Mithi river, Vakola Nalla, and MahimCreek.
    • The area had poor surface drainage and was severely affected by pollution in the MahimCreek

    WHY OMR?

    • More than 3,50,000 employees. 3/4th of the state’s software exports
    • Well Developed Social Infrastructure | Better Transport & Connectivity | Affordable Real Estate Products | Walk-to-work
      OMR is been identified as Secondary & Periphery Business Centers and is gradually taking over main CBDs off late,
      Upcoming infrastructural development on OMR
    • Metro Rail : The proposed Phase-2 will span 118.9 km connecting the city and suburbs, connecting Madhavaram to
      SIPCOT (for 45.8 km).
    • Chennai Peripheral ring road ( Ennore port –Mahabalipuram)
    • Phase II -Six-Lane road widening project (Siruseri –Mahabalipuram)
    • Proposed 5 flyovers on OMR to reduce traffic
    • 1.5 km ECR –OMR Link Road
    • 3 deck elevated corridor to merge with metro rail with a budget of INR 3,088 Cr.

    WHY SIPCOT, SIRUSERI?

    • 782 Acres of land dedicated to develop IT park under SIPCOT conceived and planned by (State Industries Promotion Corporation of Tamil Nadu)
    • 90,000 employees
    • 40+ Corporate’s
    • Owned Campus

    Top IT Companies

    ❑ TCS
    ❑ Hexaware
    ❑ Cognizant
    ❑ AtoS
    ❑ Capgemini
    ❑ Syntel
    ❑ Aspire
    ❑ Sopra Steria

    UPCOMING DEVELOPMENT IN SIPCOT, NEAR DLF SIRUSERI PLOTS

    DLF PARC ESTATE

    RERA REGISTERED

    CHENNAI’S FIRST NATURE-INSPIRED OVER 85-ACRE PLOTTED DEVELOPMENT

    FACILITIES & LANDMARKS

    • ESSAR Petrol Bunk – 100m
    • HP Petrol Pump – 5 km
    • Novotel Chennai – 4.3 km
    • INOX Theatre – 4.8 km
    • AGS Movie Theatre – 6.5km

    HOSPITALS

    • Chettinadu Multi Speciality Hospital – 6 km
    • Apollo Diagnostics – 5.5 km
    • Radiant Dental Care – 4.4 km
    • Life Line Hospital – 19 km

    COMPANIES AND IT PARKS

    • SIPCOT IT Park – 1.5 km
    • TCS – 2.6 km
    • Hexaware – 2 km
    • AToS – 2 km
    • Cognizant – 3 km
    • Valeo – 6.3 km
    • Pacifica Tech Park – 5.6 km
    • Infosys – 11.5 km
    • Capgemini – 11.5 km

    EDUCATION FACILITIES

    • PSBB School – 500m
    • Dr.Ambedkar Law College – 1 km
    • Mohamed Sathak College – 4 km
    • Hindustan University – 7.3 km
    • Velammal Vidyashram– 10 km
    • VITCollege – 10.5 km
    • IIITCollege – 12.7 km

    TRANSPORTATION

    • Upcoming Metro Phase Siruseri Station – 3.2 km
    • Pudupakkam Bus Stop – 3.8 km
    • Airport – 32 km

    SHOPPING AND RESTAURANTS

    • Habitat Hyper Market – 800m
    • Marina Mall – 4.9 km
    • OMR Food Street – 6.3 km
    • McDonalds – 6.6 km

    FEATURES OF THE PROJECT

    • Township
    • Domestic Water
    • Pipeline
    • 1000+ Plants / Trees
    • Surrounded By
    • Located Near 4 Natural Lakes
    • Forest Reserve
    • Storm Water
    • Organic Waste Drainage System
    • Composter
    • Developed
    • Roads
    • Solar Powered
    • Streetlights At
    • Important Nodes
    • Pedestrian
    • Walkways
    • 11 Large Wells
    • To Cater To Water
    • Requirement

    DLF SIRUSERI PLOTS

    4 TYPES OF THEMED GARDENS SPREAD ACROSS THE PROJECT, WITH AMENITIES

    Fitness Gardens

    • Relaxation Zone
    • Cycling Track
    • Pet Park
    • Outdoor Fitness and Exercise Zone
    • Walking / Joggin Tracks
    • Aerobic Deck
    • Yoga Pavilion
    • Aroma Deck
    • Yoga Lawn
    • Seating Pods
    • Pergola with seating

    Social Gardens

    • Organic Farm
    • Festive Lawn
    • Tree Court
    • Volley ball Sand Bay
    • Fruit Orchards

    Recreational Gardens

    • Futsal Court
    • Half Basketball Court
    • Cricket Net Practice
    • Seating Pods
    • Children’s Play Area
    • Pavilion With seating

    Serene Gardens

    • Senior Citizen Court
    • Nature Walk
    • Seating Pods
    • Herbal Garden
    • Fruit Orchards
    • Pergola with seating
    • Nature Trail
    • Walking / Jogging Tracks
    • Outdoor Yoga Lawn
    • Outdoor Fitness Area

    PRICE LIST & AREA OF DLF PLOTS CHENNAI

    Plot SizePriceBooking Amount
    600 SQFT₹25 Lac₹1 Lac
    1200 SQFT₹50 Lac₹2 Lac
    1500 SQFT₹63 Lac₹2 Lac
    1800 SQFT₹75 Lac₹2 Lac
    2400 SQFT₹1.0 Cr₹2 Lac

    PAYMENT PLAN

    StageMilestone
    Along with the Application FormRs. 1,00,000 / 2,00,000* (part of Booking Amount)
    Within 30 days of application Form10% of Total Price (Booking Amount). (Inclusive of Rs. 1,00,000 / 2,00,000*
    paid along with Application Form)
    Within 60 days of Application Form20% of Total Price
    Within 6 months of Application Form25% of Total Price
    Within 12 months of Application Form.20% of Total Price
    Within 18 months of Application Form15% of Total Price
    On Offer of Possession10% of Total Price

  •  DLF to focus more on high-rises: Chairman Rajiv Singh

    DLF Chairman Rajiv Singh

    DLF will focus more on high-rise housing going forward, but floors will be a significant contributor for the next few years, the company’s chairman Rajiv Singh told investors.

    “I do like to believe that maybe we’ll have no more floors left and everything will get converted to high-rise housing,” Singh said.

    According to DLF, housing demand continues to exhibit a structural upswing across segments and geographies.

    The residential business exhibited record performance in the fiscal with new sales bookings of Rs 7,273 crore, reflecting a Y-o-Y growth of 136%.

    “So, where we sold the plots today, we started selling the independent floors, where we are selling the floors, tomorrow we’ll be selling multi-storied apartments. This cycle is our company’s perennial cycle. I think you will see it repeated most of the time. Every time we start, we may start with a plot and walk the journey quickly. Most of the proportion going forward, we believe, will be high-rise housing,” Singh said.

    Singh also said that though Delhi-NCR is the major market for the company, it will expand to Chennai, Goa, Pune and Mumbai.

    “We have a fair degree of stock in Chennai, both commercial and residential. So, it is an important city for us. We have a decent opportunity in Hyderabad, some land parcels in Pune and decent parcels in Goa, and we are actively engaged in dialogues in Mumbai. I think these will be three important opportunities outside the NCR,” Singh said.

    On future development in Mumbai through a JV model, Singh said that DLF is trying hard to find a way to make it work.

    “I do feel that Bombay is a market where we can look at some incremental sales volumes, may not be immediately, but definitely in the medium term,” said Singh.

    “We are not really going into any new city. But we are going to complete our profitable opportunities in existing cities, “he said.

    Singh believes that the Delhi market is underserved and that there is a gap between demand and supply.

    “Delhi NCR is possibly the fastest-growing urban agglomeration now and is forecast to be so for at least the next couple of decades. There’s a lot of economic activity. There’s a lot of money generated in the city or in this region, and a lot of demand for housing,” Singh said.

    “The vast majority of developers, especially those of a certain size and scale in this part of the country, more so than other parts actually, have either gone out of business or chosen to go slow. So, the availability issues are certainly quite stark here, “he added.

    Singh also said that the company is also looking for opportunities in Noida. DLF is not looking to pursue any opportunities in the affordable segment as it’s a very construction-intensive activity.

    Singh clarified that the company was getting itself ready to be in a position to do a REIT in case it wished.

    “I think there is no clear finality to the decision that we are doing a REIT, this decision will be taken by both partners at the appropriate time. But we want to certainly make ourselves capable of doing a REIT in case it is possible, “Singh said.

    The rising cost of raw materials will have an impact on the pricing of DLF. Mr Rajiv Singh said a five percent price hike should take care of the inflation impact.

    “We are looking at possibly cost inflation to the extent of, depending on the nature of our product, as it

    seems right now, roughly around 10% + in aggregate number. Going up a little higher for products which are a bit more metal and steel-intensive. We were conservative, we kept some contingency budgets in the past also,” Singh said.

    “But still, we may be looking at a cost increase of between five and 10%. Our product mix, fortunately, is margin rich. And therefore, that 10% of that Rs 47,000 crore should be nothing more than a number

    which is a couple of thousand crores, a five-odd percent price hike should take care of inflation impact,” he added.

    However, the company’s desire may still to maintain margins, and therefore price increase may be in range of 7-9 percent.

    “We are reasonably confident that we will maintain the margin,” Singh said.

    DLF also has no plan to raise equity and hopes to reach the zero-debt level soon.

    DLF is India’s biggest office space operator, with about 38 million sq ft of completed offices. The company’s leadership believes that office demand will be robust in the coming months.

    Source – https://economictimes.indiatimes.com/industry/services/property-/-cstruction/dlf-to-focus-more-on-high-rises-chairman-rajiv-singh/articleshow/91875876.cms

  • Gurugram becomes the hotspot for independent floors

    Gurugram becomes the hotspot for independent floors

    Independent floors are currently experiencing boom in demand across the country and Haryana has emerged one of the top markets. Gurugram and Faridabad have witnessed significant traction in demand for independent floors, especially post the pandemic.

    The concept of independent floors in these two cities as there was a demand for them even before the pandemic. However, the desire for safer independent living after this health crisis has boosted the demand for independent floors.

    In fact, homebuyers see this asset class as low capital investment with relatively low risks, allowing for a faster exit.

    “Since October 2020 we have launched a series of premium independent floors across DLF City in Gurugram, as well as in DLF Gardencity in New Gurugram and have received a phenomenal response from the market. The success of these independent floors is largely a result of the high development infrastructure surrounding these areas in both locations,” said Aakash Ohri, Group Executive Director & Chief Business Officer at DLF Home Developers.

    “From the onset of the pandemic, there has been a rise in demand for low-rise floors, considering these have conceptualised keeping in mind the space requirement of families looking to re-establish themselves in upscale neighbourhoods in Gurgaon to live independently without compromising on proximity to their loved ones. There is a section of the demography that does not necessarily enjoy an unnecessary influence of the community and enjoys absolute privacy and individuality, and thus prefers independent floors over group housing,” added Ohri.

    Gurugram has evolved from commercial to residential and condominiums to independent floors 

    in the last several years, making it a great hub for affordable and luxury properties. According to data by JLL, over 70% of Gurugram residential launches in 2021 were low-rise independent floors. Out of the entire 9,232 units that were launched last year, 6,850 were independent floors that catered to upper mid-and high-end categories. The average size of these units is around 1900 sq ft. The price segmentation of independent floors from mid to high category is Rs 45 lakh to Rs 1.50 crore.

    “An uptick in demand for low-rise residences is making its way since the onset of the pandemic. Buyers’ choice of likely neighbourhoods, low-rise buildings, and environments sans chaos are gaining momentum rapidly. Another reason among end-users for this ultimate selection is the greater ROI that independent floors provide regardless of the price you purchase. Faced with changing lifestyle needs accommodating an office space, gym, kids play area are some of the newest priorities that require maximum space to operate,” said Vivek Singhal, CEO, Smartworld Developers.

    The residential corridors in Gurugram, where lowrise floors have been launched in the last two years,

    include Golf Course Extension Road, Dwarka Expressway (Sector 37D), New Gurugram (Sector 81, 89, 92), Sector 73, DLF City Phase II, III and IV and Sohna Road. The number is expected to cross 10,000 in 2022 as many developers are awaiting licences to launch their projects. Because more buyers are now giving

    preference to bigger homes due to the hybrid culture and e-schooling, they need extra space for office and study room.

    “Popularity of builder floors has so much to do with shorter project turnaround time, privacy and bigger spaces. This is becoming a trend, especially among the HNIs who prefer investing in robust infrastructure,

    connectivity to prime locations of the city, yet secluded, enjoying the luxury of living majorly pushed by

    the Covid -19 pandemic,” said Shashank Vashishtha, Executive Director, eXp India.

    Developers are also focusing on independent floors due to lower capital investment, fluid cashflows as

    saleability increases, low project execution risk, and faster development turnaround.

  • DLF launches 424 independent floors in DLF Valley Gardens Panchkula

    DLF- India’s largest listed real estate company, Thursday said it has launched DLF Valley Gardens, a 424-independent floor project on a 34-acre land parcel in Panchkula, Haryana.

    ‘The Valley Gardens’ project is part of the 175-acre site of its residential development ‘The Valley’.

    Each independent floor is of around 3500 sq ft and priced at about ₹3 crores. DLF expects a turnover of ₹1,200 crores to 1,300 crores from the project.

    “Demand for low-rise independent floors has been phenomenal in Delhi-NCR. In the last 18 months, DLF has sold independent floors worth ₹3,000 crores in Gurugram and the Chandigarh Tri-city area. For the Panchkula project, we expect about 70-75% of the demand from end-users and the remaining from investors,” Aakash Ohri, group executive director and chief business officer at DLF said in an interview.

    ‘DLF Valley Gardens’ project in Panchkula, which has a stilt-plus-four floor development format, has designed by architect Hafeez Contractor.

    “Buyers from Chandigarh, Punjab, Delhi-NCR and even Himachal Pradesh have shown a high interest in living in Panchkula,” Ohri added.

    DLF is planning a slew of residential launches this year including more independent floors, plots, villas and apartments. The developer did about ₹2,000 crores of sales bookings in the April-June quarter and has provided a sales guidance of ₹8,000 crores for 2022-23.