DLF has received approval for raising of funds through Non-Convertible Debentures (NCDs) and/or other debt instruments for an amount not exceeding Rs 2,500 crore. The meeting of the Board of Directors of the company held on May 21 2018, approved the same.
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.