π Tender Overview
Scope : To Develop New Housing Project 'The Arbour' in Gurugram, Haryana,
DLF, the largest real estate firm, plans to invest nearly Rs 3,500 crore in a new housing project in Gurugram over the next four years as it seeks to capitalise on strong demand for residential properties.
DLF will develop 'The Arbour,' a new 25-acre group housing project with five towers and 1,137 apartments. The company will develop an area of about 45 lakh square feet in this new project.
The project will involve 1,137 identical four BHK apartments, each measuring 3,950 sq. ft.
On May 2023, Ahluwalia Contracts (India) has secured an order for the construction of the civil structures for βThe Arbour Projectβ located at Sector-63, Gurugram worth Rs 744.68 crore from DLF Home Developers.
The order is for civil structure and waterproofing works including rough finishing works for the north parcel of the residential development.
The project is a gated community comprising apartments designed with spacious interiors and ventilation, and features like landscaped gardens, clubhouse, jogging and open spaces. Gurugram, Haryana has witnessed rapid expansion across all industries, including IT, other industries, education, and real estate.
The order inflow for the company during the current FY stands at Rs 3,751.26 crore till date.