DLF shares fell to 2 year low
India’s top listed real estate developer DLF Ltd missed analysts’ estimates with a 19 percent fall in quarterly profit due to cost rises.
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.
Sports cities – townships conceived and executed on a sports-centric theme and lifestyle concept – are a unique emerging real estate trend in the country.
DLF Ltd has reported a marginal drop of 4.8% in its net profit for the year ending 31 March 2011.
Financial services firm ASK Investment Holdings Pvt. Ltd, has floated a real estate company, Pashmina Developers.
A Delhi court on Tuesday dismissed the bail pleas of Swan Telecom promoter Shahid Usman Balwa, his cousin Asif Balwa and their associate Rajeev Agarwal in the 2G spectrum allocation case.
CHD Developers Ltd. has reported its all time highest net sales of Rs. 86.11 crore for the quarter ended March 31, 2011.
Yash Birla Group has acquired Calcutta-based Aircon Engineering Services for Rs.10 crore, marking its foray in the infrastructure space.
Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.