Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

NTC Mill land deal

Real estate firm DLF on track to reduce its debt

Real estate firm DLF on track to reduce its debt
DLF, India’s biggest property developer, is closer to meeting its debt reduction target after it agreed to sell its plot of land in Mumbai for Rs 27 billion ($488 million) to Lodha Developers. The Delhi-based developer said it had received an advance payment of Rs 5 billion for the plot from Lodha and would receive [...] Continue Reading »

Lodha Group to seek PE support for DLF deal

Lodha Group to seek PE support for DLF deal
DLF has signed a binding agreement with Mumbai-based Lodha Developers and the Rs 2,700 crore deal is expected to be completed by the end of October 2012. To finance the acquisition, Lodha has initiated talks with private equity players. Abhishek Lodha, managing director, Lodha Group, stated that the Group plans to fund the purchase of [...] Continue Reading »

Real estate firm DLF sells off NTC Mill land parcel to Lodha Group

Real estate firm DLF sells off NTC Mill land parcel to Lodha Group
According to sources, real estate developer DLF Ltd has sealed Mumbai’s NTC Mill land deal with the Lodha group on Thursday. Although no official announcement has yet been made on the deal pegged at over Rs 2,500 crore, an announcement is expected next week. The top management of the Lodha Group is believed to be [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!