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DLF CYBERCITY
DLF-GIC JV firm's rent income rises 16% to Rs 5,525 cr in FY26 on demand for commercial spacesDCCDL, a joint venture between DLF and GIC, saw its rental income climb 16 percent to Rs 5,525 crore last fiscal. This growth was driven by...- DLF ends FY26 debt-free with strong cash, reports slight dip in salesDLF reported stable quarterly profit and strong annual earnings growth supported by healthy sales bookings, rising rental income and robust...
- Awfis strengthens presence with 28 centres in Chennai across 8.75 lakh sq ftAwfis has expanded its presence in Chennai by leasing over 110,000 square feet for two new centres. This move increases Awfis' total footpr...
- WeWork India hits 1 lakh desks, opens IWF Campus in Bengaluru, and signs two buildings with DLFWeWork India expanded its footprint with 3.43 lakh sq ft of new leases in major Indian cities. The company now offers 1 lakh operational de...
- DLF to be REIT ready in few months : CEO"Most of the key decisions in terms of downstream, mergers and all, in principle, have been frozen, the asset perimeter has been frozen. We...
- DLF Cyber City Developers raises Rs 1,000 crore via NCD issueThe NCDs have been assigned ‘CRISIL AA/Stable’ rating and will be listed on BSE Limited’s wholesale debt market. The proceeds will be utili...
- DLF Cyber City Developers raises Rs 2,500 crore in two LRDsThe two transactions follow one for Rs 2,400 crore that the company raised from State Bank of India in October 2020 at an interest of 7.35%...
- DLF raises Rs 2,400 crore from SBI through lease rental discountingIn the backdrop of general concerns over liquidity for real estate and rental assets, the deal assumes significance as the funding carries ...
- DLF leases 2 lakh sq ft to Facebook“The space has been taken at DLF Atria, on NH8. Average rental in the area is Rs 120 per sq ft per month,” said a senior executive aware of...
- DLF to invest Rs 5,000 crore to develop 6.8 million sq ft IT park in ChennaiThe 27 acre project will be developed by DLF's joint venture firm with GIC named DLF Cyber City Developers Ltd (DCCDL). The total commercia...
- DLF sells 9 acres to American Express for Rs 300 croreThe deal, at a little over Rs 32 crore an acre, is the costliest transaction in the neighbourhood that is about 16 km away from DLF Cyber C...
- DLF to mull share warrant, QIP issue on FridayA substantial chunk of the proceeds, after paying tax and other charges, will be used to help reduce DLF’s debt.
- 'Promoter stake sale in DLF arm removes conflicts of interest'Last month, DLF promoters sold their 40 per cent stake in DLF Cyber City Developers Ltd (DCCDL) for Rs 11,900 crore.
- DLF Cybercity to invest Rs 500 crore for phase III expansionDLF Cybercity which commenced operations in 2007 today announced expansion of Phase III, covering 1.6 million square feet, a company statem...
- DLF to sell 40% Cyber City stake for $2 billionThe promoters will invest the proceeds from the sale back to the company. This will lead to increase their holding in DLF beyond 75%. At pr...
- DLF seeks to raise upto Rs 7,500 crore by creating charge, lien or other encumbrances in three rent yielding subsidiariesDLF is seeking approval from its board in order to create a charge, lien or any other kind of encumbrances that could exceed 50% of the com...
- Gurgaon's DLF CyberHub a big hit; but hike in excise duties for imported liquor may hurt F&B outletsA bad news for these outlets is the excise hike for imported liquor by the Haryana govt, including a new levy called assessment on imported...
- Office rentals may rise by 25 per cent says Cushman & WakefieldOffice rentals are likely to climb up in coming months because of a shortage of quality spaces in key business districts around the country.
- DLF office leasing up 50% in FY14 to 3 million square feetDLF Ltd has leased out a 3 million square feet of office space in 2013-14 with many marquee MNCs and Indian companies despite slowdown in e...
- DLF to buy asset arm DAL from promoters in cashless dealDLF to acquire DLF Asset (DAL), a property trust owned by promoters KP Singh and family, for Rs 10,000 crore.
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