MoneyWorks4Me

DLF plans to invest Rs 3500 crore in 2017: Report

20 Feb 2017 Evaluate

In order to complete construction of almost all of its existing housing projects, DLF is reportedly planning to invest around Rs 3500 crore in 2017. The company has 18.5 million square feet area under construction in various housing projects, and it is targeting to complete about 15-16 million sq ft by end of this year. The company has residential projects in Delhi, Gurgaon, Hyderabad, Kochi and Panchkula among others.

DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals. Its exposure across businesses, segments and geographies, mitigates any down-cycles in the market and it has nearly 70 years of track record of sustained growth, customer satisfaction, and innovation.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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