MoneyWorks4Me

DLF deposits Rs 100 crore with Supreme Court registry

27 Nov 2014 Evaluate

DLF, the country’s largest realty firm, has deposited Rs 100 crore with the Supreme Court registry. This amount is a part of Rs 630 crore penalty imposed on the company by the Competition Commission of India (CCI) for alleged one-sided contracts for flat buyers in Gurgaon. With this, the company has deposited Rs 150 crore with court registry. The company has earlier deposited Rs 50 crore with the registry.

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.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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