DLF properties
The Indian property market went through a bull run in the last decade, with prices in most major cities sky-rocketing. However, fortunes of the country’s largest property developer DLF have been less than spectacular over this period. The company’s share price, which crossed Rs 1,000 per share in early 2008, trades at around Rs 175 [...] Continue Reading »
Post the swearing in of the new government in the center, we see a lot of activities in the real estate sector. The country’s biggest realtor DLF is also gearing up to reap the benefits of this positive sentiment. Realty major, DLF has asked the company’s independent directors to review its rental business and suggest [...] Continue Reading »
My Home Group, a local builder of Andhra Pradesh is all set to buy a 30-acre land parcel in Hyderabad’s Raidurg area for a whopping Rs 550 crore. DLF, India’s largest real estate developer, is the current owner of this land parcel and they are selling it to use the money to reduce their debt [...] Continue Reading »
According to reliable sources, DLF which happens to be a large property giant has now projected its desire to sell more properties and land parcels that it considers “non core”. This company had missed its target in matters of debt reduction in the year of 2013-14. According to the plans that have already been arranged, [...] Continue Reading »
Most of the buyers still seem to have a sense of hope within themselves despite knowing that the government of the state has refused to allow the operation of environmental clearance. This had been handed over to the apartment project belonging to DLF Ltd located in Chilavannoor. The project which had kicked off the year [...] 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 »
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 »
Lawyers for the owners’ associations for Belaire and Park Place, the two DLF properties at the centre of the DLF case, are preparing a claim for more compensation, which could go as high as Rs.2,000 crore. DLF will likely contest the order on the grounds that CCI has wrongly interpreted the relevant market and thereby [...] Continue Reading »
