DLF plans to invest Rs 8000cr in Madhya Pradesh

October 18, 2006	(Be the first to rate this story!)  Loading ...
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DLF Ltd., one of the leading national real estate players in the country, announced plans to invest Rs 8,000 crore in the state of Madhya Pradesh. DLF top management led by Managing Director Mr. T. C. Goyal met ministers and top officials of the Madhya Pradesh State Government to finalise investment plans. The team met the Minister of Industries and Commerce, Mr Babulal Gaur.

The investments are to cover Housing, Industrial SEZs, IT parks and the state’s first international class Convention Centre with a Hotel in Bhopal. Also planned are similar projects in other important cities across the state i.e. Gwalior, Indore and Jabalpur.

“We are planning to invest Rs 8,000 crore in various real estate and infrastructure projects in Madhya Pradesh. This is well in tune with DLF’s plans to provide global standard infrastructure that will act as the drivers of the new age economy. This is our commitment to Building India.” says Mr Rajeev Talwar, Group Executive Director, DLF Ltd.

DLF has in the recent past, firmed up major infrastructure and real estate projects in states as far apart as Tamil Nadu in the South, West Bengal in the East and, Maharashtra in the West.

Already, the company has invested in building up Asia’s first private township, ‘DLF City’ adjoining Delhi. It has gained worldwide reputation as a new technology business hub, housing 70 of the Fortune 500 companies.

Source: http://www.moneycontrol.com

News Published Under:   Real Estate India |

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