DLF’s promoters to sell 40% stake in DCCDL

Real estate major DLF’s promoters are likely to sell 40 per cent stake in the company's rental arm DLF Cyber City Developers (DCCDL) by the end of this fiscal. The proposed transaction is aimed at removing the conflict of interest with promoters holding stakes in the parent company DLF and also in its subsidiary DCCDL.

DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation.