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Amanresorts

Spending on developing projects to increase- Unitech

Spending on developing projects to increase- Unitech
Unitech, Real Estate Company, is set to deliver at least six million sq ft of developed area this financial year by increasing its construction spending, a jump from its rate of four million sq ft annually in the past few years. Prior to 2009, when the economy started slowing, the company had nine million sq [...] Continue Reading »

DLF plans to clear half of its debts by 2016

DLF plans to clear half of its debts by 2016
New Delhi- DLF, a leading real estate developer of India, has planned to reduce its debts by 50 percent over the next three years. It is likely to achieve this through sale of its non-core assets, fresh equity shares and improved cash flows. Last week, the top executives of DLF had a meeting wherein they [...] Continue Reading »

DLF to launch three new projects in Gurgaon by March 2013

DLF to launch three new projects in Gurgaon by March 2013
New Delhi : From the sale of two non core business assets – luxury hotel chain Amanresorts and wind energy business, India’s biggest realty firm, DLF is aiming to raise Rs 3,000 crore by end of this fiscal year. By March 2013, the company will launch three-four  projects in Gurgaon generating Rs 15,000 crore sales [...] Continue Reading »

DLF to sell its non-core businesses

DLF to sell its non-core businesses
Realty giant DLF is all set to sell at least two out of the three non-core businesses as it plans to cut its Rs 23,000 crore debt to about Rs 17,000 crore in the current fiscal. DLF Group Executive Director Rajeev Talwar revealed that the group is all set to sell its luxury hospitality chain [...] Continue Reading »



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