Page 24 - Dlf

DLF will not launch new projects in FY17

Company has unsold inventory in different geographies and projects such as Ultima and DLF would focus on selling these projects

DLF Q4 net profit drops 23% at Rs 132.39 crore

Its share price closed at Rs 129 apiece on the BSE, up 0.86%

DLF to bring malls under SPVs

Plans to form REITs in future, could raise $1 bn via this route

DLF promoters kick off $2 bn divestment in rental arm

DLF Cyber City Developers Ltd has about 25-26 million sq ft of leased commercial space with an annual rental income of about Rs 2,250 crore

DLF shares dive nearly 8% on ex-dividend

The stock plunged 7.59% to settle at Rs 106.55 on BSE. During the day, it dipped 8.8% to Rs 105.15

DLF sells Saket shopping mall to its own arm

This is in line with the strategy to structure ownership of existing assets to facilitate potential monetisation

Realty stocks rally on Budget boost

DLF, Unitech, Indiabulls Real Estate, DB Realty, HDIL, Phoenix Mills and Oberoi Realty rallied more than 5% each.

DLF: A fully renovated entity

The DLF of the past marketed super luxury, premium and mid-end apartments; the DLF of today focuses only on the super luxury and premium apartments