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ICRA assigns ‘A’ rating for DLF’s fund and non fund based facilities

02 Apr 2012 Evaluate

ICRA has assigned ‘A’ rating to DLF’s fund and non fund based facilities for an amount of Rs 11,056 crore and Rs 1776 crore respectively. The credit rating agency has also assigned ‘A’ rating to company’s NCD programme for an amount of Rs 4000 crore.

In a separate development, company’s first residential project in Lucknow - Gardencity, has won the ‘Integrated Township of the Year - North India’ award at the Realty Plus Excellence Awards 2012. Gardencity offers plot sizes starting from 250 square yards and boasts of modern town planning, eco-friendly infrastructure, wide roads, smart sewage disposal plant, underground cabling and green belts running across the township.

Peers
Company Name CMP
Lodha Developers 1077.80
Prestige EstatesProj 1429.65
Dilip Buildcon 404.00
DLF 623.00
Oberoi Realty 1705.65
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