Connect with us


DLF leases office space to Samsung in Gurgaon


Real estate developer DLF has leased about 3.5 lakh sqft of office space to Samsung India Electronics in its commercial complex at Gurgaon. According to a newspaper report, the complex has been constructed at an estimated cost of over Rs 400 crore.

DLF has completed its premium office complex ‘Two Horizon Center’ comprising 11 lakh sqft area. The office space is being offered both on lease and sale model.

Samsung India Electronics has leased about 3.5 lakh sqft in this office building for its India headquarters, according to sources quoted by the newspaper.

DLF is expecting to lease/sale the remaining 4.5 lakh sqft area in the next six months, the sources said. The company had started to lease office building at Rs 140 per sqft rental and the same has now inched up to Rs 165 per sqft a month.

This office complex, a US Green Building Council LEED Platinum pre-certified building with occupancy certificate in place, is designed by American architecture firm Robert AM Stern Architects and Hafeez Contractor.


Latest News

News4 hours ago

The real estate sector reacted cautiously to the Union Budget 2023. Here are the excerpts from a cross section of industry stalwarts

Harsh Vardhan Patodia, President, CREDAI National “Through the Union budget 23 – 24, the Government continues to focus on the empowerment...

News5 hours ago

Affordable housing gets push in Budget 

New Delhi, Feb 1, 2023:  Union finance minister Nirmala Sitharaman on Wednesday announced an outlay of ₹79,000 crore, an increase of...

Events14 hours ago

Art competition at Spectrum Metro 

Noida: Spectrum Metro, in collaboration with Motherhood Women’s and Children’s Hospital, organised a drawing and painting competition on January 26,...

News14 hours ago

Housing prices start moving up post Covid, buoyant real estate along with construction activities create jobs, says Economic Survey

New Delhi: The Economic Survey tabled in the Parliament on Tuesday, said that housing prices have started firming up after...

News1 day ago

Andhra Pradesh Kicks-Off Global Investors’ Summit 2023 with Diplomatic Meet: Over 40 Nations Participate, Among Business Delegations & Captains of the Industry

New Delhi, January 31, 2023: The Curtain Raiser to the Andhra Pradesh Global Investors’ Summit 2023, started on Tuesday with...

News1 day ago

Pacific D21 Mall, Dwarka, hosts Tekken India’s Delhi Iron Fist Tournament 2023

New Delhi: Pacific D21 Mall, Dwarka, hosted gaming tournament, Tekken India’s Delhi IronFist 2, on January 28-29, 2023. The event...