DLF Universal Limited, a New Delhi-based real estate developer, has announced its plans to enter the Hyderabad market. DLF has bought over 25 acres of land for developing facilities in Gachibowli at Cyberabad.
This is DLF’s first project in the southern region and will be followed by projects in other cities in south India, including Bangalore and Chennai, a press release said.
According to the official spokesperson of DLF Universal Limited, “We have entered Chandigarh and Kolkata with our IT parks and have acquired land in Mumbai, Chennai, Hyderabad and Bangalore. We will be setting up multi-utility retail outlets, premium residential complexes as well as commercial workplaces in these cities depending upon the commercial feasibility of the land bought in these areas.”
Source: business-standard.com
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