DLF India
DLF now is in the waters of roughness, and the climes aren’t being favorable enough. The troubles are mammoth like, especially when owners of apartments in three of the projects owned by the company in Gurgaon have started raising voices, demanding compensations. Home owners are at the neck of the company since a long time, [...] Continue Reading »
The case is regarding construction of a high-rise luxury apartment complex by DLF in the vicinity of Rashtrapati Bhavan which had led to security concerns. There is no irregularity found by CBI in this matter. DLF is the country’s largest real estate company. The CBI had registered a preliminary inquiry against unknown officials of Urban [...] Continue Reading »
After repeated pleas to various authorities to install streetlights in their area fell on deaf ears, the residents of DLF Phase-I are planning to start an online campaign. President of H-Block RWA, DLF Phase-I says that they were trying their level best from past two years to convince every possible concerned departments to install streetlights, but no [...] Continue Reading »
DLF, India’s largest real estate developer, is recovering after concerns over its huge debt of Rs 23,000 crore last year and lack of new launches. Last year, its realty index had fallen by 30 percent, where as, in the last three months, DLF stock had risen by 32 percent. The realty giant’s debt is expected [...] Continue Reading »
After the controversies, few projects and sluggish growth, the country’s largest real estate company, DLF, is now is looking forward for the new launches during 2013-2014. The company is planning pan-India residential projects, office and retail launches and the total development will be of 12-16 million sq ft in the coming year. After concluding the [...] Continue Reading »
New Delhi : The Competition Commission of India (CCI) initiated an investigation against five prime real estate developers for alleged competitive practice. Around 23 cases were filed against DLF, Larsen & Toubro, Tulip Infratech, Omaxe and JP Association, as reported to Rajya Sabha by corporate affairs minister, Sachin Pilot. DLF is filed with 15 more cases and a [...] Continue Reading »
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 Ltd has been in the process of selling a number of its non-core assets to reduce its debt. In the recent endeavor it has got approval from its shareholders to sell its wind power business. According to sources, of all the shareholders, 99.98 per cent were in favour of the resolution to sell off [...] Continue Reading »
DLF has been downgraded by Citi from “buy” to “neutral” as target price has come down from Rs 266 to Rs 218. Currently, DLF shares have come down by 1.3 per cent to Rs 186.20. Citi group has added that there will be a wait for a pick-up in execution, sales and margins to become [...] Continue Reading »
M3M, a real estate group acquired 28 acres of land from DLF in Gurgaon. DLF, one of the renowned developers in the country has sold it for Rs 440 crore. A total of Rs 1,100 crore will be invested in the project as stated by M3M Finance head. Out of Rs 1,100 crore, Rs 400 [...] Continue Reading »
