Tag: DLF

DLF to invest Rs 550 crore to construct 1-mn-sqft office building in Chennai

NEW DELHI: Realty major DLF has announced an investment of around Rs 550 crore to construct a one-million-square-feet office building for Standard Chartered Global Business Services’ largest campus globally. Tamil Nadu Chief Minister M K Stalin laid the foundation stone of the office campus in ‘DLF Downtown’ project at Taramani in Chennai. In October 2020, […]

DLF launches 1,500 residential plots in Chennai

NEW DELHI: India’s top real estate company DLF has announced the launch of Chennai’s first-of-its-kind, nature inspired, theme based plotted development, Parc Estate off the Old Mahabalipuram Road. It offers 1,500 plots spread over an area of approximately 85 acres’ with plot sizes ranging from 600 sqft. to 4000 sqft., with an approximate price of […]

Delhi: DLF sells properties worth Rs 1,500 crore in new luxury housing project

NEW DELHI: Realty major DLF Ltd on Tuesday said it has sold properties worth Rs 1,500 crore in its newly launched housing project at Moti Nagar in the national capital, reflecting strong demand for luxury apartments. On Friday, DLF launched its luxury housing project ‘ONE Midtown’ comprising 913 units, at Shivaji Marg in Moti Nagar, […]

DLF targets 30 per cent growth in sales bookings to Rs 4,000 crore during FY22; to launch 8 mn sq ft area

NEW DELHI: Realty major DLF aims a 30 per cent jump in its sales bookings to Rs 4,000 crore this fiscal, as the company expects a rise in housing demand despite the COVID-19 pandemic. The company will launch various projects, comprising 8 million square feet of saleable area, to tap this growing demand for residential […]

Budget 2021: NAREDCO recommends measures to support green shoots in real estate

NEW DELHI: In the aftermath of Covid-19 pandemic, Indian economy grapples with the challenges of recovery, expectations from the upcoming Union Budget are high. Real estate sector, as a generator of jobs (14 per cent) and major contributor to the GDP (7 per cent), is optimistic to seek major reforms with timely policy interventions by […]

DLF sells nearly 90 independent floors in Gurugram for over Rs 300 crore

NEW DELHI: Realty major DLF Ltd NSE 1.49 % has sold nearly 90 independent floors worth over Rs 300 crore in Gurugram and plans to launch more such projects as demand for premium residential properties has revived in last few months. The company plans to launch independent floors in DLF Phase I-IV at Gurugram, New […]

Mangal Prabhat Lodha retains top-spot in Indian property market with Rs 31,960 crore wealth

NEW DELHI: Hurun Report and GROHE India today unveiled the third edition of ‘GROHE Hurun India Real Estate Rich List 2019’ – featuring the richest real estate entrepreneurs in India. With a wealth of Rs 31,960 Crore, Mangal Prabhat Lodha & family of Macrotech Developers retained the top spot in GROHE Hurun India Real Estate […]

DLF settles Rs 8,700 crore amount payable to JV with Singapore-based GIC

NEW DELHI: Realty major DLF has settled the entire Rs 8,700 crore amount payable to DLF Cyber City Developers Ltd (DCCDL), its joint venture with Singapore-based GIC, by transferring various completed commercial properties and land parcels as well as cash payment. With settlement of this dues, the company said it has completed the exercise of […]

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