DLF, the largest real estate developer in India, said it will cut debt by about a quarter to 15,500 crore over the next nine months.

Net debt has declined to Rs 20,369 crore from Rs 21,731 crore as on March 31, 2013, DLF said in analyst presentation.

DLF has begun talks with a clutch of private equity funds and international hotel operators, which includes Blackstone and Carlyle.

DLF has walked out of a pact to exclusively negotiate sale of its luxury hotel chain Amanresorts with Indonesian hotelier Adrian Zecha.

The real estate giant is desperate to cut debt from its balance sheet, but the state of the market is so weak that previous agreements are ...

We are looking at sales booking of 8-10 million sq ft (msf) worth Rs 6,000 crore in 2013-14," DLF Group Chief Financial Officer Ashok Tyagi...

Realty major DLF Ltd today said it is targeting more than 50 per cent jump in new sales booking to Rs 6,000 crore in the 2013-14 fiscal.

According to sources, DLF raised the funds through issue of bonds with maturity period of five years with coupon rate of 12.5 per cent.

DLF aims to cut its net debt by half over the next three years to Rs 10,000-11,000 cr with the help of fresh issue of equity shares, sale o...

India's biggest real estate firm's net profit for the October-December 2012 quarter grew 10.1% from .

DLF, India's biggest real estate company, will sell super-luxury hotel chain Amanresorts back to its founder Adrian Zecha for $300 million.

"We had appointed Goldman Sachs and Citibank as our international and global investment bankers to find us the best buyers."

The country's biggest realty firm will sell its luxury hotel chain in a deal that does not involve Amanresorts' flagship New Delhi hotel.

Shares of real estate major DLF gained momentum after the company announced it has sold Aman Resorts to Adrian Zecha for $300 mn.

Realty major looks to exit non-core businesses to bring down debt burden in 3 years.

International luxury hotel chain Aman Resort has evinced interest to set up a seven-star resort in Orissa.

Real estate major DLF has entered into an agreement to acquire a controlling stake in the Amanresorts group for $400 million.