DLF's arm is going to invest around Rs 1,500 crore in the next two years on construction of over 3 million square feet office space in Gurugram, Haryana to tap into growing demand for commercial properties from corporates and co-working players.
DLF Cyber City Developers (DCCDL), a joint venture between DLF and Singapore's sovereign wealth fund GIC, has initiated the development of its new mixed-use project 'Downtown' comprising 11 million square feet of leasing area. DLF has 67 per cent stake in the DCCDL, while GIC has the rest.
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.
Company Name | CMP |
---|---|
Dilip Buildcon | 454.30 |
Macrotech Developers | 1230.50 |
NBCC (India) | 134.40 |
Prestige EstatesProj | 1289.00 |
DLF | 888.00 |
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