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DLF & Unitech teams up for a project

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DLF and Unitech are violent challengers, but from their professionalism the duos are brought together for development of township and SEZ in Dankunji in Hoogli district of Kolkata. It will be a JV revenue sharing proposal and both the realty monsters will be investing amount of Rs. 33,000 Crores in a 5,000 acre development, added the source at the www.propertykhazana.com. This venture is tie up with Kolkata Metropolitan Development Authority where DLF and Unitech paid a high amount of Rs. 56 Lakhs per acre for getting the property. Out of total 5,000 acres about 2,000 acres will be developed by Unitech alone.
Disclosed sources said at the www.propertykhazana.com that, the work courage of both the conglomerates has shocked the investors who were calculating the future forecasts of DLF vs. Unitech and this fight has given a way for the teamwork.
Dankunji venture is such an instance at a time when property rates went top and Kolkata is rapidly rising as one of the favored investment destination. Property acquirement will shortly start on this venture and township will arise in 15 years and will have 800,000 people accommodated. Process of property acquirement for the concerned venture will start as soon possible and the township will be finished in 15 years and serves 8 Lakh people with housing. For more information logon to www.propertykhazana.com
Source: NBTVLIVE

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