Friday, February 13, 2009

DLF withdraws from Bengal project

DLF withdraws from Bengal project
Financial Express, C&M, February 13, 2009, PI

Real Estate developer DLF has withdrawn from the Rs. 5000-crore Dankuni township project near the metropolis citing the current economic recession. After a Cabinet sub-committee meeting on industry on Thursday, principal secretary with the CM’s secretariat Subesh Das said that DLF had intimated that the it would not undertake the project due to the economic downturn.

No comments: