While the country may
be going through a slowdown, India's leading real estate player DLF Ltd says
that it did not feel any such downward pressure.
Mr. Mohit Gujral,
Vice Chairman and MD, DLF Ltd said, ''The demand for residential
& to some extent commercial projects
was always there and DLF Ltd did not feel any effects of the slowdown. Tier
II &
Tier III cities have also emerged
as prominent centres with lot of pent up demand for high quality housing &
commercial projects.
Mr. Mohit Gujral also
said, ''The demand for premium serviced apartments & studios in Lucknow,
which has been growing rapidly, has led to DLF Ltd launching "My Pad"
multi utility spaces in the state capital".
The about 600 contemporary studio suites which comes
with concierge services, would cater to needs of professionals, expats, and
businessmen.
He further said that
the projects that DLF Ltd has undertaken in UP have had a very good response
enthusing them to consider expanding their operations here.
 |
| Mohit Gujral, MD, DLF |
"We sold above
1,000 plots in Garden City township in a short span& have received encouraging enquiries for the
My Pad studios. The growing prosperity of people in tier-II and tier- III
cities has led to demand for premium residential & commercial projects in
these towns. People look for a better standard of living and there are specific
demands of working professionals which we intend to provide. We hope to
increase our operations in UP and provide international living standards to
people here".
He said that DLF Ltd
intends to start studio apartment projects in other cities of India, as
professionals who keep traveling frequently would like to own such a space.
Corporate Office - DLF Centre
Sansad Marg,
New Delhi- 110 001, Tel: +91-11-42102030
Website: http://www.dlf.in/
Registered Office - DLF Ltd.
DLF Shopping Mall, 3rd Floor
Arjun Marg, DLF City Phase-I
Gurgaon-122 002 Tel: +91-124-4334200
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