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DLF settles Rs 8,700 crore amount payable to DCCDL

03 Oct 2019 Evaluate

DLF has settled the entire Rs 8,700 crore amount payable to DLF Cyber City Developers (DCCDL), its joint venture with Singapore-based GIC, by transferring various completed commercial properties and land parcels as well as cash payment. With settlement of this dues, the company has completed the exercise of transforming its balance sheet and consolidation of all rental assets under the DCCDL.

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
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