The top pick for the news for the past week from our 𝙉𝙚𝙬𝙨𝙩𝙧𝙖𝙘𝙠𝙚𝙧 is 𝐃𝐋𝐅’𝐬 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐦𝐚𝐤𝐢𝐧𝐠 𝐚 𝐫𝐞-𝐞𝐧𝐭𝐫𝐲 𝐢𝐧𝐭𝐨 𝐌𝐮𝐦𝐛𝐚𝐢. DLF brand which is synonymous with Gurgaon wants to attempt to make a comeback into Mumbai’s Real estate market.
There are many stories of 𝐌𝐈𝐒𝐒𝐄𝐃 𝐎𝐏𝐏𝐎𝐑𝐓𝐔𝐍𝐈𝐓𝐈𝐄𝐒 in every sphere from 𝐘𝐚𝐡𝐨𝐨’𝐬 𝐦𝐢𝐬𝐬𝐞𝐝 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐭𝐨 𝐛𝐮𝐲 𝐆𝐨𝐨𝐠𝐥𝐞 𝐚𝐭 𝐔𝐒$𝟏 𝐦𝐧 𝐢𝐧 𝟏𝟗𝟗𝟖 𝐚𝐧𝐝 𝐟𝐨𝐫 𝐔𝐒$𝟏 𝐛𝐧 𝐢𝐧 𝟐𝟎𝟎𝟐 𝐨𝐫 𝐒𝐚𝐢𝐟 𝐀𝐥𝐢 𝐊𝐡𝐚𝐧 𝐦𝐢𝐬𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐥𝐞𝐚𝐝 𝐫𝐨𝐥𝐞 𝐢𝐧 𝐃𝐃𝐋𝐉.
DLF’s first foray into Mumbai is no less of an interesting story of a Missed Opportunity in Mumbai’s Real estate market.
𝐒𝐨 𝐡𝐞𝐫𝐞 𝐢𝐬 𝐡𝐨𝐰 𝐭𝐡𝐢𝐬 𝐬𝐭𝐨𝐫𝐲 𝐩𝐥𝐚𝐲𝐞𝐝 𝐨𝐮𝐭>>>
▶ 𝟮𝟬𝟬𝟱 DLF bought a 17.5 acre land parcel in Lower Parel from National Textile Corporation for 703 crores
▶ 𝟮𝟬𝟬𝟲-𝟮𝟬𝟬𝟵 DLF changed its developmental plans for the plot thrice—from building a retail mall to commercial office buildings to finally a residential project
▶ 𝟮𝟬𝟭𝟬 DLF plans a 90-storey skyscraper project with potential of Rs15,000 crores with total saleable area of 5 mn sq ft
▶ 𝟮𝟬𝟭𝟮 Sold the entire land parcel to Lodha Developers [Macrotech developers] for 2,800 crores
▶ 𝟮𝟬𝟭𝟯 Lodha announces the launch of its project “𝗧𝗵𝗲 𝗣𝗮𝗿𝗸” at the designated land parcel
▶ 𝟮𝟬𝟭𝟴-𝟮𝟬𝟭𝟵 Lodha starts giving the possession of apartments at “The Park”