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DLF Vs Unitech for 35 acre Gurgaon land

Thursday, August 13, 2009

Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) which had invited bids for a 350-acere plot in Gurgaon, has shortlisted top realty majors DLF and Unitech. This is the second time the state government agency has invited bids for the land.

The land is meant for setting up recreation and leisure project, comprising commercial, residential and sports complexes and has a reserve price of Rs 1,700 crore.

Earlier in April, HSIIDC had closed the bids for the same project, in which DLF was the sole bidder.

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