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DLF  

“Market Cap $8.57 B As of May 2013 

At a Glance

  • Industry: Real Estate
  • Founded: 1946
  • Country: India
  • CEO: Kushal Singh
  • Website: www.dlf.in
  • Employees: 3,700
  • Sales: $1.89 B

Forbes Lists

#1775 Global 2000

  • #1982 in Profit
  • #1459 in Assets
  • #1131 in Market value
Profile

DLF Limited is engaged in the business of colonization and real estate development. Its operations span all aspects of real estate development, from the identification and acquisition of land, to planning, execution, construction and marketing of projects. It is also engaged in the business of generation of power, provision of maintenance services, hospitality and recreational activities, life insurance and retail chain outlets. Its internal business includes development business and rental business. The development business of the Company is involved in the sale of residential spaces, select commercial offices and commercial complexes. As of March 31, 2012, the Company had a 1.38 thousand square feet (msf) of leased retail space across the country. In June 2012, the Company divested its Adone Hotels and Hospitality Limited. In November 2012, Lodha Developers Ltd acquired 17 acre prime land in Mumbai from realty DLF Ltd.”

“DLF History

The DLF Group was founded in 1946. We developed some of the first residential colonies in Delhi such as Krishna Nagar in East Delhi, which was completed in 1949. Since then we have been responsible for the development of many of Delhi’s other well known urban colonies, including South Extension, Greater Kailash, Kailash Colony and Hauz Khas.

Following the passage of the Delhi Development Act in 1957, the state assumed control of real estate development activities in Delhi, which resulted in restrictions on private real estate colony development. We therefore commenced acquiring land at relatively low cost outside the area controlled by the Delhi Development Authority, particularly in the district of Gurgaon in the adjacent state of Haryana.

This led to our first landmark real estate development project – DLF Qutab Enclave, which has now evolved into DLF City. DLF City is spread over 3,000 acres in Gurgaon and is an integrated township, which includes residential, commercial and retail properties in a modern city infrastructure with schools, hospitals, hotels and shopping malls. It also boasts of the prestigious DLF Golf and Country Club with night golfing facilities.”

*Information from Forbes.com and Dlf.in

**Video published on YouTube by “uttamint

Industry:

Real Estate

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