DLF’s $4 billion luxury Indian project to take four years to build
2 months ago

DLF’s $4 billion luxury Indian project to take four years to build

Live Mint  

By Dhwani Pandya MUMBAI, Jan 27 - India's DLF said on Monday it would take more than four years to build its $4 billion ultra-luxury project near New Delhi and that Indians living abroad were joining locals in snapping up apartments in one of the country's priciest developments ever. DLF is targeting buyers as a rise in wealthy Indians has created not just a rush for high-end homes but also for Mercedes and Lamborghini cars, watches and even luxury bathrooms, trends that are emblematic of India's divides as hundreds of millions still depend on government food handouts. Around 173 of the 420 units on offer have already been sold at $8 million each, and the $4 billion project is effectively being priced at $742 per square feet, DLF says. Early demand for the project took DLF's sales bookings for April-December to $2.2 billion, the company said on Friday, above its own full fiscal-year outlook of around $2 billion.

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History of this topic

Dahlias project sets the stage for DLF’s rosy FY25 exit
2 months ago

Dahlias project sets the stage for DLF’s rosy FY25 exit

Live Mint  

Realty firm DLF Ltd's FY25 pre-sales target of ₹17,000 crore was certainly a tall order, as the first half of FY25 was marred by muted new launches and weak sales in existing projects. However, given the high base in FY25 and the exhaustion of ready-to-move inventory of housing units, timely and steady new project launches are crucial for DLF to …

DLF Dahlias has repeat customers, proves brand royalty like Apple iPhone or Birkin bag: Top official
2 months ago

DLF Dahlias has repeat customers, proves brand royalty like Apple iPhone or Birkin bag: Top official

Hindustan Times  

As many as 40% of high-net-worth individuals who have bought into DLF’s yet-to-be-launched ultra-luxury housing project ‘The Dahlias’ in Gurugram are those who currently own units in the company’s earlier projects, The Camellias and The Aralias. As DLF’s Home Developers Joint managing director Aakash Ohri puts it, the towering brand legacy gives it salience and that is where the brand …

DLF Dahlias: Real estate major sells yet-to-be-launched super premium flats like hot cakes
2 months ago

DLF Dahlias: Real estate major sells yet-to-be-launched super premium flats like hot cakes

Hindustan Times  

Real estate major DLF has sold 173 ultra-luxury apartments in its new project, The Dahlias, the yet-to-be-launched condominiums, for ₹11,816 crore in almost nine weeks, on the back of strong demand from ultra-high-net-worth individuals, including top CEOs and non-resident Indians, DLF’s Home Developers Joint managing director Aakash Ohri said on January 27. DLF’ has sold 173 ultra-luxury apartments in its …

DLF Q3 results: Net profit up by 61% to ₹1,059 crore; The Dahlias helps realty major to surpass FY25 sales guidance
2 months, 1 week ago

DLF Q3 results: Net profit up by 61% to ₹1,059 crore; The Dahlias helps realty major to surpass FY25 sales guidance

Hindustan Times  

Real estate major DLF on January 24 reported a 61% increase in its consolidated profit to ₹1,058.73 crore for the third quarter ended December 31, 2024. Real estate major DLF on January 24 reported an almost 61% increase in its consolidated profit to ₹ 1,058.73 crore for the third quarter ended December 31, 2024. DLF's housing business continues its growth …

Luxury housing sales, priced at ₹4 crore and above, increase by 53% in 2024 across the top seven cities
2 months, 2 weeks ago

Luxury housing sales, priced at ₹4 crore and above, increase by 53% in 2024 across the top seven cities

Hindustan Times  

As many as 19,700 luxury housing units, priced ₹4 crore and above, were sold across the top seven cities in CY 2024, registering around 53% Year-on-Year growth. As many as 19,700 luxury housing units priced ₹ 4 crore and above were sold across the top seven cities in CY 2024, registering around 53% Year-on-Year growth. Delhi-NCR, Mumbai, and Hyderabad emerged …

Luxury real estate deals: 59 ultra-luxury homes worth ₹4754 crore sold in 2024
2 months, 3 weeks ago

Luxury real estate deals: 59 ultra-luxury homes worth ₹4754 crore sold in 2024

Hindustan Times  

As many as 59 ultra-luxury housing units priced over ₹40 crore were sold across the top seven cities in 2024 for a collective sales value of approximately ₹4754 crore. As many as 59 ultra-luxury housing units priced over ₹ 40 crore were sold across the top seven cities in 2024 for a collective sales value of approximately ₹ 4754 crore. …

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat
3 months ago

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseat

Live Mint  

Come 2025, India’s real estate developers will double down on luxury and premium housing, leaving the affordable segment to catch up. “We are strategically leveraging the robust demand in the luxury real estate segment by curating projects that align with the evolving preferences of modern buyers," said Robin Mangla, president, M3M India. DLF Ltd, India’s largest listed real estate company, …

Entrepreneur Rishi Parti buys luxury DLF penthouse in Gurugram for ₹190 crore. All you need to know about him
3 months, 3 weeks ago

Entrepreneur Rishi Parti buys luxury DLF penthouse in Gurugram for ₹190 crore. All you need to know about him

Live Mint  

In one of the most expensive residential apartment deals in India, a luxury penthouse in Haryana’s Gurugram was recently sold for ₹190 crore. The penthouse, located in DLF Camellias on Gurugram’s Golf Course Road, measures 16,290 sq ft. Rishi Parti, a 47-year-old entrepreneur, is the buyer of this luxury penthouse. Parti is also an angel investor and a director at …

10 reasons why DLF’s Camellias is a coveted address in Gurugram
3 months, 3 weeks ago

10 reasons why DLF’s Camellias is a coveted address in Gurugram

Hindustan Times  

Almost six days ago, history was written in Gurugram's real estate market. An ultra-luxury 16,290 sq ft apartment in DLF’s Camellias was sold for ₹190 crore to Info-x Software Technology Pvt Ltd through its director Rishi Parti. DLF's project, The Camellias in Gurugram, is spread across 17.5 acres of land, and living there is like living in a 7-star hotel …

Gurgaon’s DLF Camellias sets record with ₹190 crore penthouse sale
3 months, 3 weeks ago

Gurgaon’s DLF Camellias sets record with ₹190 crore penthouse sale

Live Mint  

Gurgaon DLF Camellias: A new benchmark has been set in the luxury real estate market with the recent sale of a penthouse in Gurgaon’s exclusive DLF Camellias, priced at an astounding ₹190 crore. This deal not only marks the highest price for a high-rise condominium in Delhi NCR but is also one of the largest in India, in terms of …

DLF agrees to sell Kolkata IT park to local developers for ₹637 crore
4 months ago

DLF agrees to sell Kolkata IT park to local developers for ₹637 crore

Live Mint  

Bengaluru: DLF Ltd, the country's largest real estate firm, said on Friday that its subsidiary DLF Info City Developers Ltd has entered into an agreement to sell its commercial office park in Kolkata to local developers Primarc Group and RDB group for ₹637 crore. The 1.4 million sq ft office property—Kolkata Tech Park 1—in suburban Kolkata's Rajarhat area will be …

DLF's JV firm sells IT park in Kolkata for ₹637 crore to Primarc, RDB group
4 months ago

DLF's JV firm sells IT park in Kolkata for ₹637 crore to Primarc, RDB group

Hindustan Times  

In perhaps the largest real estate deal of West Bengal, DLF's joint venture firm has sold an IT Park in Kolkata to Primarc and RDB Group for ₹637 crore. DLF Ltd said on November 29 that its subsidiary, DLF Info City Developers Ltd., a wholly owned subsidiary of DLF Cyber City Developers Ltd, has entered into definitive agreement to sell …

DLF’s second going: Can the real estate giant succeed beyond its comfort zone?
4 months, 2 weeks ago

DLF’s second going: Can the real estate giant succeed beyond its comfort zone?

Live Mint  

India’s largest developer is looking to venture beyond the comforts of its home turf again but is treading cautiously as it prepares to navigate new markets. While the Delhi-National Capital Region will remain DLF’s focal hub, the company is preparing to launch a project in Mumbai in January-March with apartments priced at ₹6-8 crore, Ohri said. The Delhi-based developer had …

Mumbai real estate: DLF expected to launch first phase of project in the financial capital by March 2025
4 months, 3 weeks ago

Mumbai real estate: DLF expected to launch first phase of project in the financial capital by March 2025

Hindustan Times  

Delhi-NCR-based listed real estate developer DLF has said that it plans to launch the first phase of its Mumbai project in the fourth quarter of the ongoing financial year. “The balance approvals, which are Goa, Mumbai, and the next phase of Privana are all in different stages of the approval processes,” Ashok Kumar Tyagi, Managing Director and Chief Financial Officer, …

‘DLF is here to stay in Mumbai and everyone is our competitor’, says Aakash Ohri, joint MD
6 months, 4 weeks ago

‘DLF is here to stay in Mumbai and everyone is our competitor’, says Aakash Ohri, joint MD

Hindustan Times  

DLF’s joint managing director and chief business officer Aakash Ohri has said that the Delhi-based company will foray into the Mumbai residential market by the second half of FY 2024-25, and counts on differentiation as key. DLF’s joint managing director and chief business officer Aakash Ohri has said that the company will foray into the Mumbai residential market by the …

DLF plans to launch housing project in Mumbai by December 2024
8 months ago

DLF plans to launch housing project in Mumbai by December 2024

Hindustan Times  

Delhi-NCR based listed real estate developer DLF has said that it plans to launch its first project in Mumbai by December 2024, Ashok Kumar Tyagi – Managing Director and Chief Financial Officer, DLF Limited said. DLF has said that it plans to launch its first project in Mumbai by December 2024, said Ashok Kumar Tyagi – Managing Director and Chief …

DLF to enter Goa market, to launch luxury villas for ₹40 to 50 crore
8 months ago

DLF to enter Goa market, to launch luxury villas for ₹40 to 50 crore

Hindustan Times  

Delhi-NCR-based listed real estate developer DLF is expected to launch 62 ultra luxury villas in Goa priced between ₹40 crore and ₹50 crore in the second half of the financial year 2024-2025, company sources told HT.com Delhi-NCR based listed real estate developer DLF is expected to launch 62 ultra luxury villas in Goa priced between ₹ 40 crore and ₹ …

DLF plans to launch ₹1.04 lakh crore worth real estate projects in medium term
8 months ago

DLF plans to launch ₹1.04 lakh crore worth real estate projects in medium term

Hindustan Times  

New Delhi, July 26 Realty major DLF plans to launch nearly 37 million square feet area for sale in the medium term across various cities with revenue potential of ₹1.04 lakh crore as part of its strategy to encash strong demand for luxury homes. DLF plans to launch nearly 37 million square feet area for sale in the medium term …

DLF profit up by 23% to ₹645.61 crore in Apr-June quarter
8 months ago

DLF profit up by 23% to ₹645.61 crore in Apr-June quarter

Hindustan Times  

Real estate major DLF Ltd on July 25 reported a 23% rise in its consolidated net profit at ₹645.61 crore in the first quarter of this fiscal on higher income. Real estate major DLF Ltd on July 25 reported a 23% rise in its consolidated profit to ₹ 645.61 crore in the first quarter of this fiscal on higher income. …

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments
8 months, 3 weeks ago

Mumbai sells record ₹12,300 cr of luxury homes in Jan-June period as buyers upgrade to bigger apartments

Live Mint  

Luxury homes in Mumbai, India's most expensive real estate market, clocked record sales of ₹12,300 crore in the first half of 2024 on the back of growing demand for high-end properties, with Worli cornering more than a third of the purchases. In comparison, about ₹11,400 crore of luxury homes - priced ₹10 crore and above - were sold in the …

DLF to launch real estate projects with ₹36,000 crore sales potential in Gurugram, Mumbai and Goa this year
10 months, 2 weeks ago

DLF to launch real estate projects with ₹36,000 crore sales potential in Gurugram, Mumbai and Goa this year

Hindustan Times  

Real estate major DLF plans to launch new real estate projects spanning approximately 11.6 mn sq ft with a sales potential of almost ₹36,000 crore this fiscal. Real estate major DLF plans to launch new real estate projects spanning approximately 11.6 mn sq ft with a sales potential of almost ₹ 36,000 crore this fiscal, Aakash Ohri, Joint Managing Director …

DLF aims 15% growth in sales bookings at ₹17,000 crore this fiscal
10 months, 2 weeks ago

DLF aims 15% growth in sales bookings at ₹17,000 crore this fiscal

Hindustan Times  

Realty major DLF has set a 15% growth target in sales bookings this fiscal at ₹17,000 crore as it plans to launch many luxury housing projects across Gurugram, Goa and Mumbai amid strong consumer demand, its MD Ashok Tyagi said. DLF has set a 15% growth target in sales bookings this fiscal at ₹ 17,000 crore as it plans to …

DLF sells all 795 apartments in new luxury project in Gurugram for ₹5,590 crore within three days of launch
10 months, 3 weeks ago

DLF sells all 795 apartments in new luxury project in Gurugram for ₹5,590 crore within three days of launch

Hindustan Times  

DLF, a listed real estate company, said on May 9 that it had sold all 795 apartments for ₹5,590 crore within three days of the launch of its new luxury housing project in Gurugram on the back of robust housing demand. DLF, a listed real estate company, said on May 9 that it had sold all 795 apartments for ₹ …

DLF to launch properties worth almost ₹80,000 crore over the next 3-4 years
1 year, 1 month ago

DLF to launch properties worth almost ₹80,000 crore over the next 3-4 years

Hindustan Times  

Real estate major DLF plans to launch new properties spanning approximately 32 mn sq ft with a sales potential of almost ₹80,000 crores over the next 3-4 years in line with its ‘plans of scaling up the business’ with the key launches for the next 12 to 15 months expected to be in Gurugram, Chennai, Goa and Mumbai. Real estate …

15 real estate firms, including DLF, figure in the list of India’s most valuable companies
1 year, 1 month ago

15 real estate firms, including DLF, figure in the list of India’s most valuable companies

Hindustan Times  

As many as 15 real estate companies, including DLF, Macrotech and Godrej Properties, figure in the list of India's most valuable companies released by Axis Bank's private banking unit Burgundy Private and Hurun India. As many as 15 real estate companies, including DLF, Macrotech and Godrej Properties, figure in the latest rankings on India's most valuable companies. The list of …

DLF Q3 profit increases by 27% to ₹656 crore
1 year, 2 months ago

DLF Q3 profit increases by 27% to ₹656 crore

Hindustan Times  

Real estate major DLF Ltd on January 24 reported an almost 27% increase in its consolidated net profit that stood at ₹655.71 crore in the December quarter on the back of sustained housing demand. Real estate major DLF Ltd on January 24 reported a 26.5% increase in its consolidated net profit that stood at ₹ 655.17 crore on the back …

TARC to invest ₹1,200 crore in developing luxury project in Central Delhi
1 year, 2 months ago

TARC to invest ₹1,200 crore in developing luxury project in Central Delhi

Hindustan Times  

Listed real estate company TARC Ltd said on Jan 11 that it plans to invest close to ₹1200 crore to develop a luxury housing project comprising more than 400 units in Central Delhi. The project TARC Kailasa is a 1.7 million sq ft development spread across 6 acres of land located on Patel Road, in Kirti Nagar. The total investment …

DLF’s Privana South attracts NRIs from across the world, including Africa for the first time
1 year, 2 months ago

DLF’s Privana South attracts NRIs from across the world, including Africa for the first time

Hindustan Times  

DLF said its newly launched luxury housing project Privana South in Gurugram generated sales of more than ₹7,200 crore in a matter of 72 hours, showing that its bet on a booming real estate segment in India is paying of thanks to rising disposable incomes and an increase in demand. The response for DLF's newly launched luxury project Privana South …

DLF to launch 2 luxury housing projects in Gurugram: MD Ashok Tyagi
1 year, 7 months ago

DLF to launch 2 luxury housing projects in Gurugram: MD Ashok Tyagi

Business Standard  

Realty major DLF Ltd will launch two luxury housing projects worth Rs 15,000 crore in Gurugram during the second half of this financial year to expand its business amid strong demand for premium homes, its Managing Director Ashok Kumar Tyagi said. Buoyed by sales of Rs 8,000 crore worth of flats within three days in February in its new project …

Cautious optimism: DLF's return to Mumbai real estate market
1 year, 8 months ago

Cautious optimism: DLF's return to Mumbai real estate market

Live Mint  

DLF Ltd is watching its step as it re-enters Mumbai Metropolitan Region. In the June quarter earnings call, the DLF management said it would make an equity investment of around ₹400 crore for a 51% stake in the project, spanning 3-3.5 million sq ft saleable area. The first phase of the project comprises a saleable area of 0.9 msf and …

DLF sells properties worth Rs 2,040 crores in April-June; sales bookings remain flat
1 year, 8 months ago

DLF sells properties worth Rs 2,040 crores in April-June; sales bookings remain flat

India TV News  

Realty major DLF sold properties worth Rs 2,040 crore during the first quarter of this fiscal, mainly driven by demand for its luxury properties in Delhi and Gurugram. When contacted, DLF Group Executive Director Aakash Ohri said the sales bookings remained strong during the June quarter. According to an investor's presentation, DLF sold 13 units in 'The Camelias' housing project …

DLF to launch projects worth ₹20k crore, targets sale bookings of ₹12k cr
1 year, 10 months ago

DLF to launch projects worth ₹20k crore, targets sale bookings of ₹12k cr

Hindustan Times  

Realty major DLF Ltd will launch projects worth ₹19,710 crore for sale by March next year and aims to achieve sale bookings of around ₹12,000 crore in this fiscal on strong housing demand. On Friday, DLF reported that its sale bookings jumped more than two-fold to a record ₹15,058 crore last fiscal from ₹7,273 crore in the previous year. Buoyed …

Luxury real estate beckons Hyderabad
1 year, 11 months ago

Luxury real estate beckons Hyderabad

Deccan Chronicle  

HYDERABAD: In March, India's largest real estate group DLF had sold 1,137 flats in luxury high-rise residential project, each worth around Rs 7 crore, in Gurugram in just three days! "The whole Hyderabad luxury real estate game will change in the next two to three years. Iris by Raghava is a super luxury project with four million square feet of …

Industrial, logistics sector leasing seen at 32-35 mn sq ft in 2023: Report
1 year, 11 months ago

Industrial, logistics sector leasing seen at 32-35 mn sq ft in 2023: Report

Live Mint  

New Delhi: The growth rate for industrial and logistics portfolio leasing is likely to slow down to 32-35 million square feet in 2023 due to global headwinds, according to a report by CBRE. The global real estate consultant’s ‘2023 India Market Outlook’ report said that the I&L supply forecast is expected to exceed 2022 levels and touch 24-26 mn sq …

DLF to invest around ₹3,500 cr for housing project in Gurugram
2 years ago

DLF to invest around ₹3,500 cr for housing project in Gurugram

Hindustan Times  

Realty major DLF will invest around ₹3,500 crore over the next four years to construct a new luxury housing project in Gurugram as its seeks to tap strong demand for residential properties. The total construction cost will be around ₹ 3,500 crore over the next four years, DLF group executive director Aakash Ohri said. In an interview with PTI, DLF …

DLF sells all 1,137 luxury flats worth Rs 8,000 crore in 3 days
2 years ago

DLF sells all 1,137 luxury flats worth Rs 8,000 crore in 3 days

Deccan Chronicle  

New Delhi: Realty major DLF Ltd on Thursday announced the sale of its entire luxury project in Gurugram, comprising 1,137 flats each costing Rs 7 crore and above, for over Rs 8,000 crore within three days, reflecting a strong demand for premium flats across major cities. In an interview, DLF CEO Ashok Tyagi and group executive director Aakash Ohri described …

DLF sells 1,137 flats in Gurugram for over ₹8,000 crore within 3 days
2 years ago

DLF sells 1,137 flats in Gurugram for over ₹8,000 crore within 3 days

The Hindu  

Realty major DLF Ltd on Thursday said it has sold 1,137 luxury apartments, priced ₹7 crore and above, in its housing project in Gurugram for over ₹8,000 crore within 3 days, reflecting a strong demand for premium flats across major cities. In a regulatory filing, DLF informed that it has "witnessed record breaking pre-formal launch sales of ₹8,000-plus crores for …

Did DLF really sell 1,137 Gurugram flats at ₹7 crore each in 3 days?
2 years, 1 month ago

Did DLF really sell 1,137 Gurugram flats at ₹7 crore each in 3 days?

Hindustan Times  

A photo that is currently going viral on the internet shows a massive crowd at real estate developer DLF’s office after the launch of a new project in Gurugram. Delhi-based research analyst Alok Jain shared a picture that showed people queuing up apparently to buy luxury properties worth over ₹7 crore. The founder of Weekend Investing wrote, “Someone sent me …

DLF, Adani, Naman Group bid for Dharavi redevelopment project
2 years, 4 months ago

DLF, Adani, Naman Group bid for Dharavi redevelopment project

The Hindu  

The Maharashtra government has received bids from DLF Group, Adani Group and Naman Group for the redevelopment of Dharavi, one of the largest slum clusters in the world. Srinivas, chief executive officer of the Dharavi Redevelopment Project and commissioner of Maharashtra Housing and Area Development Authority said, “We have received three bids, we will now do the technical scrutiny in …

DLF Plans To Bid For Delhi's Ambience Mall; Starting Auction Price At $366 Million: Report
2 years, 7 months ago

DLF Plans To Bid For Delhi's Ambience Mall; Starting Auction Price At $366 Million: Report

News 18  

Realty major DLF is evaluating a bid for Delhi’s Ambience Mall, which has a starting auction price of $366 million. The 1.2 million-square-feet mall, located in south Delhi, is up for auction as the Ambience Group, its owner, has not paid a debt of $149 million, according to a Reuters report. The Ambience Mall in delhi has big brands like …

DLF to invest ₹2,000cr to build two new shopping malls in Gurugram, Goa
3 years ago

DLF to invest ₹2,000cr to build two new shopping malls in Gurugram, Goa

Hindustan Times  

Realty major DLF will invest around ₹2,000 crore to construct two new shopping malls in Gurugram and Goa, as it sees huge growth potential in organised retail with opening up of the economy after significant reduction in COVID-19 cases. Khattar said the DLF is expanding its retail real estate portfolio, and will develop two new shopping malls, including 'Mall of …

DLF to invest Rs 5,000 cr in new commercial project in Chennai; company eyes to expand rent-yielding property portfolio
5 years, 2 months ago

DLF to invest Rs 5,000 cr in new commercial project in Chennai; company eyes to expand rent-yielding property portfolio

Firstpost  

Tamil Nadu Chief Minister Edappadi Palaniswami laid the foundation stone of ‘DLF Downtown’ at Taramani in Chennai. Chennai: India’s largest realty firm DLF on Thursday announced an investment of Rs 5,000 crore to develop large commercial project here as part of its strategy to expand portfolio of rent yielding properties. We are investing Rs 5,000 crore in phases for developing …

DLF eyes Chennai, to invest Rs 5000 cr in new commercial project in Taramani
5 years, 2 months ago

DLF eyes Chennai, to invest Rs 5000 cr in new commercial project in Taramani

India TV News  

India's largest realty firm DLF on Thursday announced an investment of Rs 5,000 crore to develop large commercial project here as part of its strategy to expand portfolio of rent yielding properties. The total commercial area, largely office spaces to be constructed under the new project, is 6.8 million sq ft in various phases. We are investing Rs 5,000 crore …

Luxury projects make cautious comeback amid slump in realty
5 years, 3 months ago

Luxury projects make cautious comeback amid slump in realty

Live Mint  

Luxury projects are slowly making a return as developers compete for a niche segment of wealthy homebuyers, even as affordable and mid-segment housing dominate the property market. Bengaluru-based Prestige Group is set to develop a luxury residential project in Pali Hill, Bandra, one of the most expensive locations outside south and central Mumbai, said a person familiar with the plans. …

DLF sells 376 completed flats worth Rs 700 cr in Gurugram housing project; says real sector facing demand slowdown
5 years, 5 months ago

DLF sells 376 completed flats worth Rs 700 cr in Gurugram housing project; says real sector facing demand slowdown

Firstpost  

According to an investor’s presentation, DLF’s net sales bookings stood at Rs 705 crore in the June quarter New Delhi: Realty major DLF on Sunday said it has sold 376 ready-to-move-in luxury flats worth Rs 700 crore on the first day of the launch of its new housing project in Gurugram, even as the overall property market is facing a …

DLF transfers Rs 330 cr land to joint venture with Singapore sovereign wealth fund GIC for settlement of dues
5 years, 10 months ago

DLF transfers Rs 330 cr land to joint venture with Singapore sovereign wealth fund GIC for settlement of dues

Firstpost  

New Delhi: Realty major DLF has transferred a three-acre land worth Rs 330 crore in Gurugram to its joint venture with Singapore sovereign wealth fund GIC and is in process to hand over a Noida shopping mall to settle dues. In December 2017, the realty firm DLF entered into this joint venture with GIC when DLF promoters sold their entire …

DLF to invest over ₹ 1,400 crore in Gurugram project
6 years, 6 months ago

DLF to invest over ₹ 1,400 crore in Gurugram project

Live Mint  

New Delhi: Realty major DLF Ltd will invest over ₹ 1,400 crore to develop a commercial project in Gurugram after the firm received environmental clearance to expand the office space by nearly 1 million square feet. The Haryana government has increased the floor area ratio in its new transit-oriented development policy and DLF had applied for development of increased built-up …

DLF sells office space in Gurugram for Rs150 crore
6 years, 10 months ago

DLF sells office space in Gurugram for Rs150 crore

Live Mint  

New Delhi: India’s largest realty firm DLF has sold nearly 50,000 sq ft of prime office space in Gurugram for about Rs150 crore on account of rising demand for commercial properties from corporates and institutional investors. DLF, which generally provides office space on lease to corporates, has adopted both lease/sale model for its 12 lakh sq ft office building ‘Two …

Monetising assets: DLF sells Saket shopping mall to its wholly-owned arm for Rs 904 crore
9 years ago

Monetising assets: DLF sells Saket shopping mall to its wholly-owned arm for Rs 904 crore

Firstpost  

Move in line with the strategy to structure ownership of existing assets in order to facilitate potential monetisation either through REITs or otherwise in future India’s largest realty firm DLF today sold its shopping mall at Saket in the national capital to its wholly-owned subsidiary for Rs 904.5 crore as part of its strategy to consolidate and monetise the rental …

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