DLF Q2 FY12 results show revenue up 3% at Rs 2,577 Crore
DLF Limited has recorded consolidated revenues of Rs 2,577 crore for the quarter ended September 30, 2011, an increase of 2% from Rs.2,520 crore in Q2 FY11.
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DLF welcomes COMPAT stay over CCI penalty
Realty major DLF has welcomed stay order by the Competition Appellate Tribunal (COMPAT) on the Rs 630-crore penalty imposed on it by the Competition Commission of India (CCI).
Puravankara takes Bangalore for Louis Philippe golf
Puravankara Projects has taken over the Bangalore team of the inaugural eight-city team event, the Louis Philippe Cup, according to the Professional Golf Tour of India (PGTI).
Due diligence for buying haveli properties in India
‘Haveli’ properties, of which many exist in India (especially in Rajasthan, Delhi and Gujarat) are private residences dating back to historic times that are no longer in active use.
COMPAT to hear DLF appeal against CCI order tomorrow
The Competition Appellate Tribunal (COMPAT) will today, November 9, hear…
NAREDCO approaches CCI against cement cartelisation
After CREDAI now real estate developers body NAREDCO has approached the CCI seeking intervention against the alleged cement cartelisation hitting real estate developers.
Parsvnath net profit falls, ventures into budget hotels
Parsvnath Developers presented gloomy second quarter results on Monday, November 7. Its net profit dipped 41.5 per cent in the quarter ended September to Rs.29.08 crore from Rs.49.97 crore in the corresponding period last year.
Jones Lang LaSalle India bags M&A Deal Of The Year award
Jones Lang LaSalle India, the country’s largest and leading international property consultancy, has been honoured with the prestigious India M&A Deal Of The Year award in the Middle Markets category.
DLF Brands to bring US retailer Claire’s to India
DLF Brands, a subsidiary of realty major DLF, has struck an agreement with Claire’s Stores Inc, one of the world’s leading fashion jewelry and accessories retailers, to bring the brand to India.
Real estate debates CCI jurisdiction & trust deficit
When the CCI alleged that DLF misused its dominant market position and imposed unfair conditions on home-buyers of two of its many projects, the real estate fraternity, legal experts and others strongly questioned the basis of the CCI order.