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DLF CYBERCITY DEVELOPERS LTD.
Gurgaon court directs police to initiate process to declare Ramesh Sanka, former IREO CEO a “proclaimed offender”The order was issued after an arrest warrant against him returned unexecuted. The court said it “is satisfied that the presence of the accu...
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 to invest Rs 550 cr to construct 1-mn-sqft office building in Chennai for StanChart GBSIn October 2020, DLF had pre-leased 7.7 lakh square feet office space to Standard Chartered Global Business Services (GBS) and the latter h...
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 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...
Hines to pay Rs 900 crore for 49% stake in DLF's proposed Gurgaon projectThe DLF subsidiary will hold 51% stake in this partnership, while the rest will be held by the fund managed by Hines.
DLF inks pact with Hines for 12-acre Gurgaon plot joint developmentDLF subsidiary will hold 51% stake in this partnership, while rest will be held by the fund managed by Hines, the developer said in a regul...
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.
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 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...
Blackstone Group in advance talks to buy 40% stake in Gurgaon DLF CybercityNew York-based Blackstone is looking to buy the stake at a capitalisation rate of about 9.5%, which is the potential return on investment.
DLF to form two REIT platforms to monetise assetsCo to form two REIT platforms, one for office & another for retail, to monetise its nearly 30 mn sq ft of commercial assets to increase cas...
DLF follows Gujarat model, to install solar panel on commercial buildingsDLF is set to become the first real estate developer in the country to generate power by installing solar panels on top of its office build...
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 office rental income to reach Rs 2,500 cr by FY15Going forward, company has plans to cut debt to below Rs 15k cr level so that the finance cost gets covered by its rental income.
DLF won't sell core assets as credit begins to flowDLF promoters had sold a 9.9% stake in the past month to raise Rs 3,980 crore, which has put the company in a comfortable position.
- Haryana extends stamp duty exemption to woo MNCs
The Haryana government has exempted units manufacturing electronics and electrical goods and all IT-related industry in the state from payi...