India’s largest realty firm DLF has sold nearly 50,000 sq ft of prime office space in Gurugram for about Rs 150 crore on account of rising demand for commercial properties from corporates and institutional investors. DLF, which generally provides office space on lease to corporates, has adopted both lease/sale model for its 12 lakh sq ft office building ‘Two Horizon Center’ on Golf Course road, Gurugram in Haryana. According to sources, the company has sold about 48,000 sq ft of office space in this project at a basic selling price of more than Rs 25,000 per sq ft to a big corporate house. Now, the company is left with only a little over 1 lakh sq ft in this project, they added.
Source : ET Realty