Q:Hey, I heard that the DLF are planning to give discounts to the buyers. Why is that? Is there any crisis in the real estate nowadays? is it a favourable time for buyers?
Latest Answer: Oh..yeah..i heard about this discount offer. There was an announcement that for the third quarter ended December 2014, DLF posted a 9 per cent decline in net profit. Income from operations too fell 5 per cent compared to the same quarter in the previous year. With income sliding and debts mounting, the road to recovery may be a long one.
