Breaking News

You are here » Indian-Commodity  :  Corporate  :  DLF sells housing properties worth Rs 300 crore in Gurgaon in November

07-Dec2017

DLF sells housing properties worth Rs 300 crore in Gurgaon in November

DLF has reopened sales and sold housing properties worth of about Rs 300 crore in Gurgaon in November. Sales were halted from May 1 due to RERA (real estate law) implementation. New sales bookings have opened on November 1, 2017.

Out of the total sales during last month, about Rs 250 crore was contributed by its luxury housing project 'The Crest'. The selling price of the premium project 'The Crest' is Rs 5 crore onwards. This project was launched in May 2013 and is ready for possession.

DLF is one of India's biggest property developers. The company's primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.


Related News

View all news

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......

Crisil downgrades DHFL's commercial papers worth Rs 850 crore

Credit Rating Agency Crisil has downgraded Dewan Housing Finance Corporation's commercial paper worth Rs 850 crore from A3+ to A4+. Its rating also continues to be on 'Rating Watch with Negative Implications'.......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......