DLF to earn Rs 375 cr rent/yr from new commercial project in Gurugram; pre-leases nearly 100 per cent areaThe 12-acre project 'Cyber Park' has been developed by DLF Cyber City Developers Ltd (DCCDL), a joint venture between DLF and GIC, at an es...
28 Aug, 2019, 04.44 PM IST
DLF lowers payable to JV firm to Rs 5,600 crAt 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 so...
04 Aug, 2019, 03.28 PM IST
DLF-GIC JV to build country’s largest mall in GurugramThe new project, to be known as Down Town, will be constructed on a 23-acre land parcel owned by DLF in Gurugram.
24 Jun, 2019, 08.47 AM IST
DLF-GIC JV eyes Rs 350 crore annual rent income from new commercial project at GurugramDLF, the country's largest realty firm, has 66.66 per cent stake in DCCDL, while Singapore's sovereign wealth fund GIC owns the rest 33.34 ...
18 Nov, 2018, 12.29 PM IST
DLF-GIC plans high-rise residential project in DelhiThe project will be located in Moti Nagar area where DLF had bought two separate land parcels from DCM Shriram Consolidated and Lohia Group...
16 Feb, 2018, 09.23 AM IST
GIC buys 12.01 lakh DLF shares from open market, stake tops 5%GIC is in process of acquiring a stake in a rental arm of DLF for $1.39 billion.
15 Nov, 2017, 07.22 PM IST
CCI clears GIC's Rs 9,000 crore deal with DLF's rental armUnder the deal, GIC's subsidiary Reco Diamond will acquire 33.34 per cent stake in DLF Cyber City Developers Ltd.
05 Nov, 2017, 07.23 PM IST
GIC seeks CCI nod for Rs 9K cr deal with DLF promotersGIC had in late August agreed to buy 33.34 per cent stake in DLF's rental arm DLF Cyber City Developers Ltd for Rs 8,900 crore. GIC will bu...
02 Oct, 2017, 05.51 PM IST
DLF board meet on Aug 25 to decide on Rs 13,000 crore GIC dealThe promoters holds Compulsorily Convertible Preference Shares (CCPS) in DCCDL, which is worth 40% stake in the rental arm.
23 Aug, 2017, 03.35 PM IST
DLF says board meeting on Friday to decide on rental arm stake sale to GICLast week, DLF had told analysts that deal estimated to be valued at $2 billion has entered the final lap and will be placed before the aud...
23 Aug, 2017, 11.43 AM IST
Will DLF & its promoters settle for less in India's largest realty deal?Sources say talks will continue with either GIC or Blackstone depending on the revised bids, and if they meet the promoters asking price.
08 Feb, 2017, 06.13 PM IST
DLF may split 40% stake sale in commercial property arm between GIC & BlackstoneThe promoters are expected to infuse capital into India's largest real estate developer, to ease DLF’s debt burden, by purchasing shares in...
14 Dec, 2016, 01.37 AM IST
DLF Urban, DLF Midtown ceases to be DLF arms post GIC investmentLast week, DLF had received Rs 1,992 crore from GIC, thereby completing the deal to sell 50 per cent stake each in two upcoming projects in...
29 Dec, 2015, 10.11 PM IST
DLF gets Rs 1992 crore from GIC from stake sale in 2 projectsDLF has received Rs 1,992 crore from GIC, thereby completing the deal to sell 50 per cent stake each in two upcoming projects in the nation...
23 Dec, 2015, 04.15 PM IST
Competition watchdog CCI clears DLF-GIC joint venture“Pursuant to receipt of this approval, both parties are initiating the necessary steps to successful closing of this transaction,” the comp...
17 Nov, 2015, 03.49 PM IST
DLF plans to monetise some more housing projects through private equityIndia's largest realtor DLF is planning to monetise some more housing projects through private equity as property sales continue to remain ...
25 Oct, 2015, 12.23 PM IST
DLF sets up JV for two central Delhi projects, GIC to invest Rs 1,990 croreDLF and GIC have agreed to setup two separate JVs for the plots of land and GIC will invest Rs 1,990 crore between the two JVs.
03 Sep, 2015, 04.00 AM IST