New Delhi: DLF Ltd has reduced prices of its apartments in DLF Garden City project on the Old Mahabalipuram Road on the outskirts of Chennai by another Rs200 per sq. ft. This discount known as “timely payment rebate” will be given to buyers who pay their instalments on time, according to a letter mailed by DLF to its Chennai buyers.
The discount is being offered to buyers who agree to submit their signed buyer agreement to DLF before 30 April. The rebate is in addition to the price reduction announced by DLF in February.
DLF is also offering a special price of Rs2,650 per sq. ft until 1 May, after which it will be revised upwards by Rs100. In its letter, DLF has also said that construction is in full swing on the project and apartments will be delivered to customers during April-June, 2011.