DLF sells New Gurugram land to American Express in one of ‘costliest’ land deals – ( Strange didnt know American Express was into real estate and even stranger wrote about the connection of certain Amex bosses and their love for DLF properties only / Sanjay Rishi Aralias / Manoj Adhlakha the shady current boss very close to DLF in ways )

Posted on Oct 12 2019 - 6:35am by admin

DLF has sold a 9 acre land parcel in New Gurugram to American Express for about ₹300 crore
American Express will develop a large campus on this land parcel, which is located in Sector 74A

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DLFAmerican Express
New Delhi: Realty major DLF has sold a 9 acre land parcel in New Gurugram to American Express for about ₹300 crore in one of the costliest land deals in this area, sources said.

The selling price comes out to be around ₹32 crore per acre.

American Express will develop a large campus on this land parcel, which is located in Sector 74A, known as New Gurgugram, they added.

When contacted, DLF’s MD (Rental Business) Sriram Khattar and DLF group CFO Ashok Tyagi confirmed the development.

“This transaction creates a benchmark of value of the land in the area around Southern Peripheral Road (SPR) and NH-8 where the Haryana government has made a lot of effort to develop infrastructure,” he addedKhattar said the company would extend all help to the government for the development of New Gurugram as it did for Gurugram.

DLF is already developing a number of projects in this part of the IT city.

https://www.livemint.com/companies/news/dlf-sells-new-gurugram-land-to-american-express-in-one-of-costliest-land-deals-1568610241863.html

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