News on the latest developments effecting the property markets in Chandigarh, Mohali, Mullanpur and Panchkula in India.
Friday, December 23, 2011
DLF Hyde Park @32,000/- in New Chandigarh
Having tested Tricity real estate waters some months earlier with the launch of the initial phase of Hyde Park Estate residential project in Mullanpur, and claimed that all 800 plots were sold out within a matter of days, real estate major DLF recently launched around 500 more plots of 350 and 500 square yards as an extension of the estate.
However, the reserve price, which was at Rs 27,000 per square yard earlier, has now been hiked up to Rs 32,000 per square yard. DLF India have enhanced the base price to Rs 32,000 from Rs 27,000 the real estate market here is not very volatile and the new price is quite competitive as compared to other real estate ventures. Persons who had bought plots earlier would also benefit from the new price as the rates of their plots would also see a rise.
DLF would be able to accommodate around 500 more plots of the dimension of 350square yards and 500square yards.
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