New Delhi: Realty player DLF Ltd has sold a 9-acre land parcel in Gurugram to American Express (India) Pvt. Ltd at the rate of Rs 32 per acre, it said in a statement.
The land parcel is located in Sector 74A. AMEX will build its office campus on the land purchased.
“AMEX, in the last 15 years, already leased about a million square feet for their various workspace facilities with DLF,” said Sriram Khattar, Managing Director, DLF Rental Business.
DLF has a land bank of around 120 acres in this region which is meant for commercial development. The company plans to develop about 25 million sq ft in this region, making it a large commercial centre of Gurugram like the existing DLF Cybercity.