Gurgaon city will get metro rail by DLF

Gurgaon city will get a metro rail which will connect the town to the malls as real estate giant DLF Ltd is planning to invest up to Rs. 375 crore to run its own metro rail.

The feasibility report for providing feeder service between Sikandarur Chowk and Sector-24(Mall of India) in Gurgaon which will cover a distance of 3.7 KM. will be submitted by RITES by the end of October. The project will commence from January-February next year.

The company is planning to develop and run metro rail in various cities of the country developed by them like Bangalore.


DLF required permission from Haryana government to accomplish its project i.e. for use of roads, to cut trees wherever it require, providing electricity at no profit-no loss basis.

The proposed metro rail project by DLF will comprise of single level four stations having three coaches each with a carrying capacity of about one lakh people a day.

Real estate funds in India by Global Investment House

After finalizing the deal of purchasing a shopping mall in Shangdong Province, China the global Investment House “Global” today told about its second fund investment strategy in real estate Asia which is a part of its latest real estate funds in india.

The investment will be made in the financial capital of India, Mumbai.

A 10,377 sqm land site has been acquired in a prime location within Navi Mumbai to develop a first class international business hotel.

This hotel will be the first five star hotel of its kind in the Navi Mumbai area.

The rest of the hotels in Navi Mumbai are mostly in the 2-3 star category. An investment of USD20 million will be made in the project.