Real estate developer DLF has leased about 350,000 sft in its commercial complex at Gurgaon to Samsung India Electronics. Sources say that Samsung India Electronics has leased the space for its India headquarters. The complex has been built at an estimated cost of over Rs 400 crore.
‘Two Horizon Center’ by DLF comprises of 1.1 million sq ft area. The office space is being offered both on lease and sale model. About 100,000 sft office space has been leased by DLF to some other companies, including in Executive Centre and Corporate Edge office facilities, they added. They have also sold about 200,000 sft of area to corporates for their end use.
The remaining 450,000 sft area is expected to be sold or leased out by DLF in the next six months, sources said. DLF started leasing out at Rs 140 per sft rental and rates have inched up to Rs 165 per sft a month.
Read more: Business Standard
