We are currently selling Rs 600 crore worth properties every quarter, said Tyagi
DLF also expects to sell its finished housing inventories worth Rs 12,500 crore in the next 3-5 years, depending on the market conditions
The company also expressed confidence that it would achieve sales booking guidance of Rs 2,250 crore as the company has achieved nearly Rs 1,800 crore sales in the first three quarters of this fiscal
The firm has seen a rise in demand of residential properties over the past one year after it decided to sell only ready-to-move-in properties
Saurabh Chawla, Group CFO, DLF Ltd, has expressed his wish to move on
DLF also sees good opportunity for itself from the current liquidity crisis in the NBFC sector, which it expects would lead to lower supply
DLF will now invest Rs 14.39 billion to develop the Cyber Park project, as against the earlier estimate of Rs 4.12 billion
According to Anarock Property Consultants, over a dozen malls with 1 million sq. ft of area are coming up in the country
CCI considered the market for 'provision of services for development and sale of residential apartments/ flats in Gurgaon' as the relevant one
The company is in talks with many private equity funds and expects to close this deal by September
The KP Singh-led company is also working on a few new projects in both the commercial and residential segment.
DLF recorded a consolidated net profit of Rs 2.48 billion in the fourth quarter of last fiscal year while profit stood at Rs 1.49 billion during the same period a year
Sebi had said DLF suppressed the material information in the prospectus it had issued before its public issue in 2007
HSIIDC concluded its e-auction on Monday night for the 11.76-acre plot on NH 8 in Gurgaon
DLF's debt stood at nearly Rs 27,000 crore at the end of the second quarter of the current fiscal
DLF said its board had approved the preferential offer and issue of up to 379.7 mn compulsorily convertible unsecured debentures (CCDs) to the promoters for cash
Collected sum to help firm reduce its debts
An operating cash deficit of around Rs 750 crore per quarter to continue in FY18
In the second of a 4-part series, Business Standard looks at the realty major
The promoters sold 33.34% stake in the rental arm to the Singapore sovereign wealth fund