DLF bags Durgapur township project

DLF clinched the deal to develop an integrated town ship on 95 acres at Durgapur in the heart of the city. The public-private participation (PPP) project envisaged by the Asansol Durgapur Development Authority (ADDA) is expected to invite investment of up to Rs 40 billion and is to be completed in four years.

Based on a cross-subsidy model, the Dugrapur project will cater to all segments and comprise of co-operative housing plots, residences for low, middle and high income groups as well as bungalows, individual plots, commercial and retail space, the company said.

With this project, the company reinforces its strong commitment for West Bengal. The company is developing around 5,000 acre township and a textile SEZ at Dankuni, two IT parks at Rajarhat, luxury, budget hotels and service apartment in Kolkata.