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DLF RENTAL ARM
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...- DLF to sell Kolkata tech park and land for Rs 693 croreDLF has finalized an agreement to sell its Kolkata tech park and 25.9 acres of land to the Srijan group for Rs 693 crore. This follows a pr...
- DLF to invest Rs 20,000 cr in medium term to expand its commercial real estate bizDLF plans to invest Rs 20,000 crore in developing office and retail spaces. DLF aims to expand its rental business portfolio from 44 millio...
- DLF to invest Rs 6,000 cr to construct 75 lakh sq ft office, retail spaces in GurugramDLF's rental arm, DLF Cyber City Developers Ltd, will invest Rs 6,000 crore in Gurugram to develop 75 lakh square feet of premium office an...
- DLF-GIC JV firm DCCDL's office rental income rises 11% to Rs 942 crore in April-JuneRealty firm DLF's rental arm DCCDL has posted an 11 per cent annual increase in office rental income to Rs 942 crore during the first quart...
- DLF rental arm DCCDL's office rental income rises 7% to Rs 3,460 cr in FY24DLF's joint venture with DCCDL saw a 7% rise in rental income from office buildings to Rs 3,460 crore in the last fiscal, driven by rent ap...
- DLF rental arm clocks 10 pc increase in rent income at Rs 3,350 cr in FY22DCCDL, which is a joint venture between DLF and Singapore's sovereign wealth fund GIC, has a commercial portfolio of 37.9 million square fe...
- 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 aims to make development arm zero net-debt companyThe company has already repaid debt worth ₹3,000 crore on December 29 from about ₹9,000 crore received from promoters following their 33.34...
- 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.
- 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...
- DLF expects GIC rental arm deal to be concluded by NovemberDLF is expected to see promoters infusing this money, net of taxes, into the company by December-end for its proposed debt reduction plan.
- Investors give thumbs down to DLF rental arm deal; stock drops 3%TOI reported that promoters will invest the proceeds from the sale back to the company. This will lead to increase their holding in DLF bey...
- 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...
- DLF shortlists 6 potential buyers for promoters’ 40 per cent stake in rental armThe rental business, on the other hand, will then be run in partnership with the new investor, along with a plan to launch a real estate in...
- DLF sells Saket shopping mall to its own arm for Rs 904 croreIndia's largest realty firm DLF today sold its shopping mall at Saket in the national capital to its wholly-owned subsidiary for Rs 904.5 c...
- DLF appoints JP Morgan and Morgan Stanley as bankers for selling promoters stake in rental armEarlier this month, the company's board had decided that DLF promoters - KP Singh family - will sell their 40 % stake in the company.
- DLF asks independent directors for ways to grow Rs 2000 crore rental businessDLF has asked the company's independent directors to suggest ways to push the growth of its rental business.
- DLF asks independent directors for ways to grow Rs 2K crore rental businessIndia's largest realty firm DLF has asked the company's independent directors to suggest ways to push the growth of its rental business.
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