SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CCI approves GIC’s deal with DLF’s rental arm

06 Nov 2017 Evaluate

The Competition Commission of India (CCI) has approved Singapore’s sovereign wealth fund GIC’s plan to acquire 33% stake in DLF Cyber City Developers (DCCDL), rental arm of DLF, for Rs 8,900 crore.

Under the deal, GIC’s subsidiary Reco Diamond will acquire 33.34% stake in DCCDL, held by the realty major’s promoters -- Rajdhani Investments & Agencies, Buland Consultants and Investments, Sidhant Housing and Development Company.

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.



DLF Share Price

601.80 12.10 (2.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×