DLF plans to sell non-core properties and land parcels

25 Jun 2014 Evaluate

DLF, which missed its debt reduction target in 2013-14, is planning to sell more properties and land parcels it considers non-core as a preventative measure. On this basis, the company decides to sell its upcoming information technology park in Hinjewadi located in Pune and is expecting to obtain Rs 300 crore from the sale, reports suggest

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 314 msf of planned projects with 52 msf of projects under construction.

DLF Share Price

323.30 10.90 (3.49%)
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NBCC (India) 28.70
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