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DLF’s Three-Year SEBI Ban, a Nightmare For Home-Buyers and Investors?

DLF’s Three-Year SEBI Ban, a Nightmare For Home-Buyers and Investors?
In a cat-and-mouse chase between SEBI and DLF, the investors of DLF are likely to take the ultimate beating, with several under-construction projects hanging by a thread after SEBI’s fundraising ban on DLF. In a verdict passed on Monday, the Securities and Exchange Board of India (SEBI) decided to debar India’s real estate giant DLF’s [...] Continue Reading »

DLF vacant plot sparks dispute among residents

DLF vacant plot sparks dispute among residents
The vacant plot in DLF City Phase 2 has sparked dispute among the residents over its use. The plot along streets N2, N11 and N12 is being kept for religious purposes. But some residents want a park constructed on it, while some other demand for a community center with a meditation hall for several years. Already [...] Continue Reading »

Online campaign launched by DLF for streelights

Online campaign launched by DLF for streelights
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’s business recovers, debt concerns recede

DLF’s business recovers, debt concerns recede
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 »

DLF coming up with luxury projects

DLF coming up with luxury projects
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 »

CCI modifies model agreement in DLF case

CCI modifies model agreement in DLF case
New Delhi- The Competition Commission of India has modified few clauses for commercial agreements between realty giant DLF and property buyers, in two projects by DLF in Gurgaon in the NCR. In March 2012, the Competition Appellate Tribunal (COMPAT) had directed CCI to present a modified buyer-seller agreement and the fair trade regulator (CCI) is [...] Continue Reading »

CCI probes five realty bigwigs

CCI probes five realty bigwigs
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 »

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 »



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