DLF, one of the largest real estate companies in India, has reportedly introduced a mega discount sale of its properties in cities across the country to drum up interest. The company is offering discounts in 16 projects across Delhi, Bengaluru, Chennai, Kochi, Lucknow, Panchkula, Bhubaneswar, Kasauli and New Chandigarh as part of its DLF Spring Festival that will end on March 31, 2015.
The company has been reeling under huge debts and is on a divestment spree to generate cash and focus on its core business of real estate. The company is also planning to launch REITs to reduce the debt of its rental arm and raise over Rs 3,000 crore through divestment or joint ventures in certain projects.
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.
