Three-bedroom flat at Games village for Rs.2.6 crore

Want to live in the state-of-the-art Commonwealth Games Village once the sporting extravaganza is over? You'll have to shell out a whopping Rs.2.6 crore ($565,000) for a three-bedroom flat!

"We have already sold out two-bedroom flats. They were priced at Rs.2 crore. The basic price of a three-bedroom flat is Rs.2.6 crore," an official of Games village builder Emaar-MGF told IANS.

Located on the banks of the Yamuna river, the Commonwealth Games Village has 1,168 apartments spread over 34 towers on 27 acres of land.

The cost of a four-bedroom flat in this east Delhi location is Rs.3.5 crore, while a five-bedroom flat costs Rs.4.5 crore.

The three-bedroom flats have been built on an area of around 2,000 sq.ft., four-bedroom flats on 2,500 sq.ft. and the five-bedroom flats on approximately 3,000 sq. ft.

The village will host over 7,000 athletes during the Oct 3-14 Commonwealth Games. The flats will be handed over to purchasers six months after the conclusion of the mega sporting event.