Page 22 - Dlf

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

At the end of 2018, DLF owed Rs 8,700 crore to DCCDL and the amount payable came down to Rs 5,600 crore by July 1, 2019.

DLF reworking strategy to raise food & beverages share to 18-20%

Gurgaon-based luxury malls developer, DLF is planning to focus more on food and beverages and allocate around 20 per cent of space to the dining options across its project offerings, a senior company official said. DLF, which has malls across Delhi, Noida, Gurgaon and Chandigarh, has been allotting nearly 12 per cent of the total space to F&B. "We realised that we need to change our offerings to cater to the millennials who are looking for experiences. If we don't give them that, then retail will also witness slowdown as the footfalls will reduce," DLF Shopping Malls Executive Director and Head Pushpa Bector told PTI on the sidelines of the mapic India IRF. She further said that the company is reworking on its strategies to increase the share of F&B to 18-20 per cent. "From the current set up of 12 per cent, we can easily ramp it up to up to 20 per cent. However, we will not be able to increase it to 30 per cent across our mall offerings, but we are doing it in ..

Realtors hope tax cut will boost demand for residential properties

Rajiv Talwar, chief executive at DLF, the country's largest listed property developer, said when there is more money in the hands of corporate entities and people, it will makes a difference

DLF sells 9 acre land in New Gurugram to American Express for Rs 300 cr

The transaction was recorded at over Rs 32 crore per acre, which is one of the costliest deal in the New Gurugram area, they added

DLF sells 9 acre land to American Express for Rs 300 cr in New Gurugram

This is the costliest land deal in this area, which each acre going for about Rs 32 crore

DLF stock crashes 16% after Supreme Court issues non-disclosure notice

Realty major DLF continues to face trouble on litigation involving alleged improper acquisition of land in Gurugram (Gurgaon)

DLF tumbles 20% as SC issues notice on non-disclosure of key information

DLF issued a clarification saying that allegations made in the petition "are not material" and "incorrect."

Issues aside, cost efficiency, networking opportunity make co-working work

Real estate experts say such places work out to be 15-25% cost efficient vis-a-vis permanent offices

DLF transfers Noida mall, land to JV firm; reduces dues to Rs 5,500 cr

At the end of 2018, DLF owed Rs 8,700 crore to DLF Cyber City Developers Ltd (DCCDL), which is a joint venture between DLF and Singapore sovereign wealth fund GIC

Banking on Phase 5 project, DLF provides sales guidance of Rs 2,700 cr

DLF has earmarked a capital expenditure of Rs 200 crore this year for its Chennai project

DLF Q1 consolidated net profit jumps over twofold to Rs 414.7 crore

The company's net sales bookings stood at Rs 705 crore in the June quarter

Promoters infuse Rs 2,250 crore in DLF against issuance of new equity share

To finish the capital infusion process, the DLF board has now allotted 138.1 million equity shares - at Rs 217.25 each - against the convertible debentures

DLF targets 10% rise in sales bookings for FY20 at Rs 2,700 crore

DLF has an unsold inventory of around Rs 11,650 crore

DLF aims to double rental business to Rs 4,700 crore in next 3 years

DLF's rental platform has 32.8 million sq ft of operational assets and 3.2 million sq ft of under construction assets

Debt reduction to under Rs 2,000 crore to improve cash flows for DLF

Strong rental revenues coupled with improving residential portfolio are positives

DLF to raise Rs 3,200 crore via Qualified Institutional Placement programme

Promoters to also put in Rs 2,500 crore

DLF-Hines JV to invest Rs 1,900 crore in Gurugram commercial project

The project would be developed in the next four years and would come up on 11.76 acres. The land parcel is located across the highway from the existing business district of DLF Cyber City

DLF to launch over Rs 3,000 crore qualified institutional placement by June

We are currently selling Rs 600 crore worth properties every quarter, said Tyagi

DLF's sales bookings to jump over two-fold to Rs 2,400 cr this fiscal

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

DLF to raise Rs 3,000 crore via QIP once markets conditions conducive

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