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DLF gets green nod for ` 240 cr Panaji project

India's largest realty firm DLF has received the environment clearance for its Rs 240 crore commercial project which is to come up in Patto-Panaji.

Story: PT | 13th September 2017, 07:19 Hrs


The proposed commercial complex, to be constructed on a 18,120 square meter plot, would have eight small screen multiplexes for small gatherings and it will be the first of its kind in Goa.
The DLF's proposal was first vetted by a green panel and based on its recommendations the Union Environment Ministry has given the final green clearance, said the EC letter issue to the
The clearance has been given subject to certain conditions, it added.
The cost of the project is estimated to be Rs 240 crore.
The eight-floor complex would comprise of retail shops, offices, retail food court apart from multiplex.
The company in its proposal said there is no court case pending against the proposed project.
Meanwhile, on bourses, the stock gained 2% at Rs 196.75 per share at 1520 hours on BSE attracting a total traded quantity of 7.87 lakh shares.