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DLF

Park Place Gurgaon Flat Owners Joyous over CCI Order

Park Place Gurgaon Flat Owners Joyous over CCI Order
Flats owners of Park Place luxury housing project contested the arbitrary change in the housing plan done by DLF and accused the builder of misusing its dominant position as per the contract agreement signed between the flat owners and the builder. After the Competition Commission of India (CCI) order, the flat owners are joyous. “The [...] Continue Reading »

Rs 14 Crore of Debt Everyday for Real Estate Companies

Rs 14 Crore of Debt Everyday for Real Estate Companies
The critical issue for realtors over the next 12 months would be to ensure their debt load doesn’t enlarge, especially since fund availability is constrained and many loans are coming up for repayment in this fiscal. In the context, a good traction in sales becomes another crucial imperative. Developers are finding it tough to generate [...] Continue Reading »

DLF to Ease its Debt Burden through Asset Sales

DLF to Ease its Debt Burden through Asset Sales
India’s largest developer DLF had said that it plans to sell developed assets, including IT parks and its hotels business as well as hotel plots to raise Rs 7,000 crore over the next two years. The company reported that the money from the sale of non-core assets was Rs 165 crore in April-June quarter. The [...] Continue Reading »

Negotiation between MCG Gurgaon and Builders over Wrap Advertisements Rates

Negotiation between MCG Gurgaon and Builders over Wrap Advertisements Rates
DLF, which owns a majority of the buildings in Gurgaon, most of which are located in the Cyber City area, has been trying to negotiate with the Municipal Corporation of Gurgaon (MCG) over the wall wrap advertisement rates for over a year. Those ads were being displayed on their own buildings. Demands hav been made [...] Continue Reading »



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