DLF is planning to raise about Rs 3,600 crore this quarter through the issue of securities, backed by its IT-SEZ, as part of strategy to replace costlier debt. India’s largest realty firm is also planning to launch its first Real Estate Investment Trust (REIT) this fiscal to monetise its commercial assets.
DLF had in February this year said it was ready to launch a large Commercial Mortgage Backed Securities (CMBS) of about Rs 3,600 crore in its SEZ business to further improve the quality of debt.
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.
