DLF Kings Court Delhi

Published: February 21, 2011 at 11:11 PM | Author: Administrator
News Source: Indian Realty News

Share

The country’s largest realty firm, DLF, plans to launch one of the costliest residential projects here this week offering 38 luxury housing units at a price range of Rs 15-25 crore. The company will launch on Tuesday a super luxury residential project "DLF King’s Court", which is spread over 2.3 acres of land at Greater Kailash-II in South Delhi, with a project cost of about Rs 700 crore, PTI reported, citing sources.

DLF, which had developed 3000 acre DLF City in Gurgaon and many colonies in Delhi in 1960s, would offer 27 flats, with sizes ranging between 5000 sq ft and 7200 sq ft, and 11 villas each of 7,000 square feet. DLF Group executive director Rajeev Talwar confirmed that the company is developing a premium project in GK-II but declined to share further details.

"The apartments will be very premium in nature that never has happened in Delhi. The construction has already begun and possession will be given within three years," Talwar said. Although DLF is yet to fix the basic selling price of the housing units, sources said these will be available for about Rs 15 crore to Rs 25 crore.
The company is likely to sell these flats and villas at Rs 35,000-40,000 per sq ft, sources said, adding that the project cost is estimated at Rs 700 crore, including the land cost. Last year, DLF had launched another luxury residential property ‘Capital Greens’ where flats were sold for about Rs 4 crore per unit at Shivaji Marg, close to Moti Nagar (near Central Delhi). The flats were offered at Rs 11,000 per sq ft. Rival Parsvnath has two residential projects in the National Capital, one at Subhash Nagar (West Delhi) priced at Rs 7,500 per sq ft and the other at Civil Lines (North Delhi) tagged at Rs 10,000 a sq ft.

Another developer Emaar MGF offered apartments at Rs 12,700/sq ft in its Commonwealth Games project. At present, DLF has 302 million square feet of development potential, out of which 40 million sq ft is under construction.

Project Details - DLF Kings Court

DLF has just announced launch of two Dream and Super Luxury Developments at Greater Kailash - II (A colony developed by DLF). The projects are as under:

1. Greater Kailash II - E Block - DLF Queens Court - 18 apartments (approx) only.
2. Greater Kailash II - W Block - DLF Kings Court - 12 apartments (approx) only.

This is the last very posh FSI available in the entire South Delhi. Being in South Delhi the apartments are also numbered and are being booked "Strictly by Invitation". This development has centrally air conditioned apartments of sizes ranging from 5400 - 6000 sq feet approx., "One apartment a floor model". The Kings Court promises the unrestricted view of the Jehanpanah Forests and the W block Park.

The DLF Kings Court project promises to be the best development ever by DLF with the following facilities:

• Apartments to have Jacuzzi in the Master Bath
• Glass shower cubicles in all Washrooms
• Club with Swimming Pool
• Health Club with Steam, Sauna and Spa
• Fitness Centre / Gymnasium
• Outdoor games facilities like Tennis Court
• Indoor games facilities like Squash Court, Billiards etc.
• Dining facility with Bar
• Mini Theatre
• Library

Other features like:

• Wi-Fi system for all units
• Fire protection system like Sprinklers, Heat / Smoke detectors
• 24-Hour treated water supply
• Scientific Garbage treatment