DLF sold 1250 flats within 2 hours

DLF, the country's largest Builder, today launched the 2nd phase of its housing project in the heart of national capital and sold all 1,250 apartments within 2 hours. The company sold all the flats, offered at prices of up to Rs 1.86 cr, though it has raised the selling price of its units by up to 26 % compared to the 1st phase.

"Even with increased price, we have received wonderful response for our product. We initially planned to commence 650 units in the 2nd phase, but due to huge demand we decided to propose more," DLF Managing Director T C Goyal told Press. The company has launched the 2nd phase of the project — Capital Greens — at Rs 6,750 (2-BHK), Rs 7,500 (3-BHK) and Rs 8,000 (4-BHK) per sq ft. However, the valuable rate would come down to Rs 5,677, Rs 6,363 and Rs 6,820 per sq ft respectively as DLF would offer a discount of Rs 500 a sq ft for timely payment and 8.5 % rebate on down payments.

The total area of the apartments would be of 1,210 sq ft-2,720 sq ft and would carry effective price tags between Rs 68.69 lakh and Rs 1.86 cr respectively.