DLF to make housing business debt free by March next year

17 Sep 2018

DLF is in initial stage of making its housing business debt free by March next year and the cash flow from sales of completed inventories worth around Rs 14,000 crore would be utilized to fund new projects. The company will be selling flats only after completion of the project and there would be no pre-launch sales.

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.

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