DLF to sell developed properties
Observing the current scenario, it has come to our notice that possibly the DLF will face a turnaround after selling all the units which do not seem important to their business and by nearly meeting their debt reduction target. One thing which still remains a concern is the sluggish and feeble home sales by market [...] 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 »
The divestment may gain momentum in the current fiscal with higher indicative realisations for ongoing proposals and expected conclusion on some big-ticket items. DLF plans to sell developed properties to reduce its burgeoning gross debt of 23,990 crore. DLF to sell developed properties to raise 10,000 crore in the next 2-3 years. Last week, the [...] Continue Reading »
