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DLF Limited (NSE:DLF)
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DLF Says Office Market Revival Needs Economic Growth of 7%
Bloomberg  Nov 5  Comment 
DLF Ltd., India’s biggest developer, expects demand for offices to revive after growth in Asia’s third-largest economy accelerates to at least 7 percent, Executive Director Rajeev Talwar said.
DLF Sept qtr net falls 95 pct
Reuters  Oct 30  Comment 
(versus the same period a year earlier, in million rupees unless stated)
DLF net drops substantially on sluggish real estate demand
Business Standard  Oct 29  Comment 
The countrys top real estate player, DLF Ltd, registered a 77 per cent drop in its net profit during the quarter ended September, as demand for real estate continued to be sluggish compared to last year.
DLF Announces Q2 FY10 Results
PR Newswire  Oct 29  Comment 
NEW DELHI, October 29 /PRNewswire-FirstCall/ -- - Revenue at Rs 1,810 cr, Net Profit at Rs 440 cr Editor's Synopsis: Financial Highlights - Q2 FY10 (all comparisons with Q1 FY10) - Consolidated Revenue at Rs 1,810 crore, up by 4% from Rs 1,746 crore
DLF sole bidder for prime land - reports
Reuters  Aug 19  Comment 
DLF Ltd, India's top listed realty firm, has emerged as the sole bidder to qualify for developing 350.7 acres of prime land in a New Delhi suburb, local newspapers reported on Wednesday.
DLF, IL&FS plan to raise $146 mn for metro
The Economic Times  Aug 11  Comment 
A consortium of India's DLF Ltd and IL&FS plans to raise 7 billion rupees ($146 million) to part fund the construction of a metro rail system in New Delhi suburbs, a DLF spokesman said on Tuesday.
DLF Q1 net plunges, sees better days ahead
Reuters  Jul 31  Comment 
DLF Ltd, India's top real estate firm, reported a 79 percent drop in quarterly net profit on lower sales but said calm was returning after the sector was hit by sluggish demand and a crash in prices.
DLF sells stake in JV for $41 mln - report
Reuters  Jul 9  Comment 
DLF Ltd, has sold its stake in an equal joint venture with Ackruti City to a U.S.-based real estate fund for more than 2 billion rupees ($41 million), the Economic Times said on Thursday, citing two unnamed DLF executives.
DLF says house prices might be going up
The Indian Investor's Blog  Jun 8  Comment 
Mint: DLF sees property prices going up DLF Ltd, India’s largest listed real estate firm, sees signs of recovery in the country’s beaten down residential property sector and expects prices to start firming up, a senior official said on...
DLF Founders Sell 9.9% Stake
Wall Street Journal  May 13  Comment 
DLF said some of its founders have sold about 9.9% of the company's shares for about 38.60 billion rupees in the open market.
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Sr. Director
Prashanth Sagar

Business Profile DLF (DLF) is a leading real estate developer based in New Delhi. It was originally incorporated as American Universal Electric (India) on Jul. 4, 1963, and got its current name on May 27, 2006.

The company operates under the segments of residential, commercial retail, hotels, infrastructure and SEZs. The company develops residential, commercial and retail properties. Its landmark project DLF City is spread over 3,000 acres in Gurgaon. DLF City incorporates Cybercity, a leading commercial development with approximately 20 million square feet area available for development.

As on Apr. 30, 2007, the company has residential projects with a saleable area of approximately 7 million sq. ft. under construction, commercial and retail projects with a lettable or saleable area of approximately 27 million sq. ft., and 10 million sq. ft. The company is in the process of seeking approvals for several SEZs which will cover an aggregate area of 26,100 acres.

Prudential Insurance and DLF will form a joint venture to sell life insurance products in India. The company bought land from DCM in and East and West Delhi for Rs 35 million. It received an order of Rs 60 billion from Delhi Development Authority in Dwarka, New Delhi. DLF Hotels, the hospitality arm of the company, inked a pact with Four Seasons Hotels and Resorts to operate a proposed luxury hotel at DLF Golf Links in Gurgaon to open by 2010.

DLF has bagged a major project to develop a new Bangalore city in Bidadi following a global tender issued by Bangalore Metropolitan Regional Development Authority (BMRDA) valued in excess of Rs 500,000 million, the single largest investment in real estate in India. Other major developments are the definitive agreements between DLF and the Aman Resorts group, which owns Aman Resorts, the world`s leading hospitality and lifestyle business with 22 luxury hotels in 12 countries and a memorandum of understanding with Gayatri Projects, one of the leading infrastructure companies in India, to develop roads and highway projects across the country.

The registered office is at Shopping Mall, Third Floor, Arjun Marg, Phase-I, DLF City, Gurgaon, Haryana 122002.

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