DLF bags Rs 6,000-cr DDA contract

Real estate developer DLF Ltd on Wednesday said it has secured a Rs 6,000 crore (Rs 60 billion) contract from Delhi Development Authority (DDA) for constructing an international convention centre in Dwarka.

Located close to Indira Gandhi International Airport in one of the fastest growing sub-cities of the national capital, the centre would be designed, developed and operated by DLF, the company said in a communique to the Bombay Stock Exchange.

The centre would be designed as per international norms, and would be comparable to Singapore's Suntec Convention Centre, it said.

The main convention hall of the centre, proposed to be set up on nearly two million sq ft area of Rs 900 crore (Rs 9 billion) value, would be able to accommodate 12,000 delegates with telescopic seating arrangements. The hall would be capable of partitioned in multiple smaller halls.

The convention centre would consist of 25 meeting rooms with total seating capacity of over 2,000 delegates and two exhibition halls of 5,000 sq mt.

However, the hotel complex would comprise of 835 rooms of different categories. The complex would be constructed in an area of 650,000 sq ft area.