Page 5 - Dlf Realty

DLF targets Rs 1,800 cr sales revenue from new luxury project in Gurugram

Realty major DLF will develop a new luxury housing project in Gurugram with an estimated sales realisation of about Rs 1,800 crore, its Group Executive Director Aakash Ohri said on Monday. DLF has launched its project 'The Grove', which is located at DLF phase-5. "We have launched a new project which will be low-rise luxury development comprising 292 residences. The total developable area in this project is 8.5 lakh square feet," Group Executive Director and Chief Business Officer of DLF Ltd, Ohri said. "We are expecting a sales revenue of Rs 1,700-1,800 crore from this project," he told reporters, but declined to share details of investment on the development of this new project. In the last 20 months, Ohri highlighted that the company has successfully launched and sold independent floor worth Rs 3,000 crore. "The independent floors market was earlier catered by unorganised players. But there was always demand for good product from good developers," he said. Ohri noted that ...

75th Independence Day: Retailers look to end season sales on a high

Some offering discounts up to 75%, keeping up with the 75th Independence Day theme

DLF cuts net debt by 16% sequentially to Rs 2,259 cr in Q1 on strong sales

It asserted that the completed inventory and receivables from customers against sold units would be sufficient to discharge all current liabilities

Strong bookings and new launches to keep DLF on higher growth trajectory

REIT listing and valuations are triggers, but rising interest rates is a concern: Analysts.

DLF Q4 net profit declines 16% to Rs 405 cr; total income falls 13%

Realty major DLF on Tuesday reported a 16 per cent decline in its consolidated net profit to Rs 405.33 crore for the quarter ended in March. Its net profit stood at Rs 480.94 crore in the year-ago period, the company said in a regulatory filing. Total income declined to Rs 1,652.13 crore during the fourth quarter of the last fiscal from Rs 1,906.59 crore in the corresponding period of the previous year. Net profit rose to Rs 1,500.86 crore during the last financial year from Rs 1,093.61 crore in the 2020-21 fiscal year. Total income rose to Rs 6,137.85 crore in 2021-22 from Rs 5,944.89 crore in the previous year.

After a decade, DLF gears up to re-enter Chennai's residential space

Realtor lines up plotted development in OMR, premium high-rise in Central Chennai and another project in Sriperumbudur

DLF net profit falls 16% to Rs 379 cr in Q3, revenue flat at Rs 1,550 cr

Company says it clocked record new sales in the quarter amounting to Rs 2,018 crore, reflecting a YoY growth of 97 per cent

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

Realty major DLF Ltd 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.

Realty major DLF cuts net debt by 16% in Sep quarter to Rs 3,985 cr

DLF Ltd has reduced its net debt on improved cash flows

Positive signals for India's real estate sector as economy normalises

Demand expected to pick up; deleveraging, consolidation are key triggers

DLF reports Q1 PAT of Rs 337 crore versus Rs 72 cr loss a year ago

At the end of June, its net debt shrank to Rs 4,745 crore from Rs 5,267 crore in March-end

DLF Cyber City completes acquisition of 51.8% stake in Fairleaf Real Estate

The group, through its subsidiary DLF Cyber City Developers (DCCDL), purchased 51.8 per cent stake in the firm that operates Gurgaon's upmarket commercial complex One Horizon Center

DLF rental arm acquires 'One Horizon Centre' in Gurugram for Rs 780 cr

Hines had nearly 52 per cent stake in the One Horizon Centre while the rest was with the DCCDL

Nifty Realty index surges 5%; Indiabulls Real Estate, DLF rally up to 13%

Indiabulls Real Estate said the affordability of real estate is at a multi-year high with declining interest rates

Improving core market, consolidation and REIT listing to fuel gains for DLF

The company has plans to launch multiple projects over the next few years

DLF rental arm's REIT issue size may be far bigger than previous issues

DLF arm's REIT could come out in 12-15 months, DLF director Ashok Tyagi said in a conference call last week

DLF shares gain 7% as demand picks up in September quarter

New sales bookings for the quarter rose to Rs 853 crore as compared to Rs 152 crore in the previous quarter, it said.

Realty major DLF's profit down 48% at Rs 232.14 cr in Sep quarter

Realty major DLF on Friday reported 48 per cent decline in its consolidated net profit at Rs 232.14 crore for the quarter ended September.

Adani Port, Hero Moto: 86 stocks from Nifty500 can see over 10% upside

Mahindra & Mahindra, Page Industries, TVS Motor Company, and Wockhardt are among the noticeable names that are exhibiting trend reversal.

Stanchart to rent offices in Chennai for one of its largest campuses

A unit of the London-based bank will lease 770,000 square feet for 15 years in the southern city, in a project being developed by DLF.