DLF Ltd has become a player in the senior living housing market with its announcement of its new Rs 2000 crore senior living housing project in Gurugram that will start in this quarter.
The new project represents a major growth of DLF’s existing portfolio and answers the growing market need for senior living solutions in the urban centres of India.
Key Highlights
DLF Managing Director Ashok Tyagi expressed the increasing market need and demand for housing in Gurugram, including demand for the established developer, DLF, “This project supports our strategy of expansion and provides for the increasing need for senior living solutions in urban locations” he stated indicating that DLF is committed to the changing housing needs of an ageing population in India.
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This initiative will help solidify DLF’s position as the largest real estate developer in India. The goal is to offer high quality, customised living solutions for seniors and establish a path for DLF to expand its offerings into a rapidly expanding segment of the Indian residential real estate market.
The new project is expected not only to add significant revenue but also to enhance DLF’s leadership position in the Indian real estate industry and support the changing needs of all Indians.
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