new delhi dlf the countrys largest real estate developer today launched the second phase of its housing project in the heart of national capital and sold all the 1250 apartments within two hours the company sold all the flats offered at prices of up to rs 186 crore though it has raised the selling price of its units by up to 26 per cent compared to the first phase even with increased price we have received tremendous response for our product we initially planned to launch 650 units in the second phase but due to huge demand we decided to offer more dlf managing director t c goyal told pti the company has launched the second phase of the project capital greens at rs 6750 2bhk rs 7500 3bhk and rs 8000 4bhk per sq ft however the effective rate would come down to rs 5677 rs 6363 and rs 6820 per sq ft respectively as dlf would offer a discount of rs 500 a sq ft for timely payment and 85 per cent rebate on down payments the sizes of the apartments would be of 1210 sq ft2720 sq ft and would carry effective price tags between rs 6869 lakh and rs 186 crore the price announced by dlf is higher than the rates at which the company had sold its flats in the first phase dlf had launched about 1400 units in phasei at a price of rs 4500 2bhk and rs 5500 3bhk goyal said the success of capital greens would help in boosting confidence of the real estate sectorthe project is coming up at shivaji marg near moti nagar in 2007 dlf had acquired the 38 acres from dcm shriram and lohia group for rs 1675 crorein the national capital parsvnath has two residential projects the selling price of subhash nagar project is rs 7500 per sq ft and that of civil lines project is rs 10000 a sq ftemaar mgf is selling apartments at rs 12700 per sq ft in its commonwealth games project