DLF garners Rs 560 cr on pre-launch of Belaire

DLF Ltd garnered Rs 560 crore on the first day of the pre-launch of Belaire, the company's latest apartment project in Gurgaon. The Rs 900-crore project, consisting of 360 flats, has already witnessed 50 per cent booking of the total inventory, a source said.

The source added that DLF had made these bookings in the first two hours of the launch.

Buyers made a downpayment of 10 per cent of the total cost of the apartments. Apartments of 2,800 square feet and 2,950 square feet were booked for approximately Rs 7,000 per square feet, a Delhi-based broker said.

He added that premium flats of 4,000 square feet and corner flats of 3,325 square feet were both sold for approximately the same price of Rs 7,250 per square feet.