DLF
After the Bombay Stock Exchange (BSE) said it will replace DLF in the benchmark of 30-share Index with pharma major Dr Reddy’s Laboratories, the share value of the company fell. A company spokesperson said that the replacement of DLF stock in the BSE Sensex is primarily due to low floating stock. DLF has faced a [...] Continue Reading »
The journey to the real estate funding will continue for Giorgio Armani. Earlier that had a joint venture with DLF. Now the Armani is closing the deal with DLF and planned to go for a new venture with Genesis Luxury. The basic investment policy of Armani is into luxurious projects in India. And as DLF [...] Continue Reading »
The real estate industry is very much sensitive to the home loan interest rate. With the RBI decision to cut key lending rates by 50 basis points, builders and home loan customers will be benefited. The reduced cost of borrowing is expected to be passed on partially by banks to borrowers in the form of [...] Continue Reading »
The execution of projects and sales bookings had improved for the real estate firms in the quarter ended March (Q4) than in the preceding three months. The real estate companies struggled to improve the sales and profit in 2011-12 as the economy slowed. The realty index on BSE has dropped nearly 24% in the past [...] Continue Reading »
The management of DLF Limited has planned to build realty projects in all major cities of UP. For the development they have acquired 1000 acres of land in those cities. The main concentration to develop projects are residential apartments in Kanpur, Allahabad, Lucknow, Varanasi and in other tier II and Tier III cities in the [...] Continue Reading »
DLF limited is going to invest Rs 350 crore in Lucknow real estate projects. Garden city Residential township is the first project in Lucknow taken by DLF limited. The township will be built over 248 acre land. With the initial response from the project, DLF is planning to invest more in the state in similar [...] Continue Reading »
DLF has a huge debt in market over Rs 20,000 crore. To reduce the debt load DLF planned to sale their non core properties. As a result they planned to sell the 17 acre Mumbai Textile Mill property at Lower Parel. A number of well known builders like Wadhwa Group, Pune based Avinash Bhosale, Piramal [...] Continue Reading »
Garden city is the first residential township in Lucknow, developed by DLF. The Realty Plus Excellence Award 2012, awarded DLF with the Integrated Township of the Year award. This is the fourth excellence award DLF achieved in last two years. The Garden city integrated township provided international living standard for its residents. The director sales [...] Continue Reading »
Real estate in metros are witnessing some activities than other areas. The rate of index of the real estate companies in the stock market are not showing much change. Some bigger brands in real estate like DLF and Unitech planned to sell of their non core assets to reduce the debt amount. The realty market [...] Continue Reading »
DLF considered as the largest real estate builder in India, is struggling with debt amounting more than Rs.22 crore. The sales and the net profit has also reduced in last two years, resulting the high debt amount in the real estate property market. DLF is aiming to raise funds by dis-investing its non core assets. [...] Continue Reading »
