In Bangalore, DLF is known for launching several residential projects but the recent launch in Bengaluru has left many people wondering if this is a trial run or a flop. The company's general manager has been acting like a rogue and new customers aren't encouraged to approach him. In addition, they are forced to wait for two or three years before they can move in. The company is planning to open more projects in the city, so the delay is understandable.
Currently, DLF has over 500 acres of land in Bangalore. It had planned to invest over Rs 1,200 crore in the Whitefield mall project. But due to the recent financial crisis, DLF had to postpone its projects in the city. Its latest project in Bangalore, Woodland Heights, is the most recent, which will provide residents with an ultra-modern lifestyle. The city of Karnataka is also one of the most vibrant hubs in the information technology industry in India. Moreover, the city is known for its grand opportunities. With the increasing demand for housing in Bangalore, DLF is rethinking its plans for the Bommasandra-Jigani industrial area. The cost of each row house would be between Rs 70 to 80 lakh.
Apart from DLF projects in Bangalore, DLF has also completed several projects in the southern states. DLF's Bidadi Knowledge City project was delayed and failed to get off the ground. On May Day last year, the Karnataka government repaid the company Rs 400 crore. Besides these, DLF also has other projects in Karnataka, including a township in Bidadi, a development project in the Jigani Industrial Area, and two hotels in Mysore and Whitefield.
