DLF rental arm DCCDL’s workplace rental revenue rises 7% in FY24

DLF’s joint venture firm DCCDL‘s rental revenue from workplace buildings elevated 7 per cent yearly to ₹3,460 crore within the final fiscal, pushed by lease appreciation and growth of the asset portfolio. DLF Cyber Metropolis Builders Ltd (DCCDL) is a three way partnership between DLF Ltd and Singapore’s sovereign wealth fund GIC. DLF holds practically … Read more

DLF eyes improved money flows, larger margins, with concentrate on super-luxury initiatives

Actual property main, DLF, which has guided for almost 20 per cent year-on-year (y-o-y) improve in gross sales bookings to ₹17,000 crore for FY25, will concentrate on super-luxury initiatives with one out of each 5 properties offered being in that class. Tremendous-luxury initiatives are priced upwards of ₹50 crore, whereas the luxurious and premium luxurious … Read more

DLF Privana West bought out in 3 days at over ₹5500 crore

DLF Ltd, the nation’s largest actual property firm, on Thursday stated, ‘DLF Privana West,’ — its newest luxurious residency mission — has achieved a promote out valued at ₹5590 crore “inside 3 days”.  Positioned in Gurgaon, the excessive rise and adjoining services cowl 12.5 acres and 116.2 acres respectively.  “This milestone follows the sooner triumph of … Read more

Builders put REITs on maintain on unsure market circumstances

A number of builders with business belongings of their portfolio, who have been planning to drift actual property funding trusts and checklist their items, have put them on maintain as they really feel that the present market circumstances should not conducive for a REIT providing. Bengaluru-based Bagmane Builders was engaged on submitting draft papers for … Read more