DLF launches Gurgaon luxury project “The Skycourt”

Property giant DLF has set in motion a strategy to concentrate on ‘core’ operations, launching a 1.2 million sq ft luxury residential project in Gurgaon, ‘ The Skycourt’. This comes a day after it announced the $300-million sale of Aman Resorts, minus the Delhi property, part of the company’s non-core asset divestment agenda.

The launch of the 19-floor luxury apartment project in Gurgaon’s Sector 86 is the first big project from DLF this financial year. Apartments in The Skycourt are priced between Rs 1.14 crore and Rs 1.53 crore. There are 674 units spread over 13 acres and it is learnt DLF got a little over 700 applications right on the first day.

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Meeting fails to find way to decongest Gurgaon toll plaza

Gurgaon, September 13
A three-hour meeting of officials of Delhi-Gurgaon Super Connectivity Ltd (DGSCL), National Highway Authority of India (NHAI), the district administration and the Gurgaon traffic police failed to yield any concrete plan to decongest the eway.
A majority of the array of solutions suggested by DGSCL failed to get consent from the other three parties.
Claiming that the widening of the toll plaza was the need of the hour, the company suggested acquisition of more land to add more lanes, but the NHAI rejected the proposal.
“The simplest way to deal with the jams and congestion is to create more lanes and we need the support of both HUDA and NHAI for that. While HUDA supported the idea, NHAI did not approve of it and suggested the alternative of staggered lanes,” revealed an official of DGSCL.

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