DLF
Developers from small cities are eying on the real estate sector of Mumbai. Mumbai real estate has been rising in recent times, though it is known as one of the toughest property markets owing to difficult building regulations, shortage of land and high prices. Builders from Kolkata, Pune and Bangalore are entering into Mumbai real [...] Continue Reading »
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 »
New-Delhi- DLF, one of India’s largest real estate firms, has decided to sell away its wind energy business to settle its debt. DLF will be selling away its wind energy business for a sum of Rs. 900 crore to an un-named company which was started by the previous general Electric India Boss. As per officials, [...] Continue Reading »
The biggest real estate developer, DLF was suggested by Competition Commission of India (CCI) to modify the apartments buyer’s agreement of Belaire project along with its two other projects, Park Plaza and Magnolia. The whole modification to the apartment buyers agreement takes place by following a direction from the Competition Appellate Tribunal ( COMPAT) which [...] Continue Reading »
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 »
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 »
New Delhi: Developers like Supertech and Ansal API announce an investment of Rs 8,000 crore on projects in next four years. Companies like DLF, looking forward to cut of the debt rather than increasing the price and sale of housing in the coming year. In next three to four years, realty developer Supertech said that, [...] Continue Reading »
Gurgaon- Over the past one month, DLF, the private developer has been conducting a pilot project which is helping the residents to file their complaints at the company’s call center concerning the maintenance and security issues. There are about five telephone numbers operating on this drive. Residents from the city Phase 1,2,3 and 4 will have an easy access to the service [...] Continue Reading »
A complaint filed by DGCOM Buyers and Owners Association against Delhi-based leading realtor DLF, alleging market power exploitation, has been declined by the Competition Commission of India (CCI). The Chennai-based association had filed a petition with CCI claiming that DLF has misused its dominant market position relating to a residential project in Chennai. The petition [...] Continue Reading »
Owing to abounding investments of non resident Indians (NRIs), alluring offers provided by the builders and changing lifestyles of buyers, the demand for luxury housing market is gradually cheering up in the metros. The demand for luxury and ultra-luxury homes is growing, particularly for those ranging between Rs 1 crore to Rs 20 crore, or [...] Continue Reading »
