DLF plans to sell stakes in Pune, Noida IT parks for Rs 1,300 crore
DLF, India’s largest real estate company, will sell its shareholding in two IT SEZs in Pune and Noida, for a combined value of Rs.1,300 crore.
DLF, India’s largest real estate company, will sell its shareholding in two IT SEZs in Pune and Noida, for a combined value of Rs.1,300 crore.
DLF is planning to expand its luxury retail business. Having opened its luxury mall Emporio in the Capital about two years ago, DLF is exploring an opportunity to open a similar outlet in Delhi in the near future.
DLF, the real estate market leader brings lifestyle shopping to Chennai with its new retail project Galleria.
Savitri Cinema in Greater kailash Part-II of Delhi, which was shut down a few years back due to some fire safety related problems, is getting renovated by the DLF to open soon.
India’s top listed real estate developer DLF Ltd missed analysts’ estimates with a 19 percent fall in quarterly profit due to cost rises.
DLF plans to raise Rs.7,000 crore in the next two to three years from the sale of non-core assets to reduce its net debt of Rs.21,424 crore.
DLF Ltd will focus on plotted development in the short term in a bid to weather the blow from rising inflation and input costs.
DLF Ltd has reported a marginal drop of 4.8% in its net profit for the year ending 31 March 2011.
DLF is ramping up presence in the fashion retail industry after striking a licensing deal with Spanish brand Mango.
DLF, India’s biggest real estate developer, will develop its Rs 1000-crore Infopark project spread over 54 acres in Bhubaneswar in phases.