When contacted, DLF's MD (Rental Business) Sriram Khattar and DLF group CFO Ashok Tyagi confirmed the development.
"This transaction creates a benchmark of value of the land in the area around Southern Peripheral Road (SPR) and NH-8 where the Haryana government has made a lot of effort to develop infrastructure," he added
Khattar said the company would extend all help to the government for the development of New Gurugram
as it did for Gurugram.
DLF is already developing a number of projects in this part of the IT city.