DLF plans to formally launch nineteen hundred apartments in its Capital Greens project in Delhi in one week. The flats will be sold for around thirty percent more than the phase-1 price of the same project signaling the company’s rising confidence in the revival of the property market.
DLF intends to launch the second phase of Capital Greens project, two acre project located in West Delhi, at a minimum rate of Rs 6,500 a square feet, making the cheapest apartment in the project cost around Rs 80 lakh. This is significantly higher than the rate of Rs 5,000 per square feet, or the least price of Rs 60 lakh for an apartment, at which DLF sold 1,350 apartments in the first phase of the project in April.
Unlike in the first phase, when only 2 and 3 bedroom apartments were available, the second phase will have 2, 3 and 4 bedroom apartments with areas ranging from 1,200 square feet to 2,600 square feet.
