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January 24, 2020

DLF plans to invest Rs.5k-cr to Build IT park in chennai

Reality developer DLF, backed by Singapore's sovereign fund GIC, plans to invest INR 5000 crore to develop a 6.8 million square feet information technology park in Chennai,making the south Indian city its second largest market after Gurugram.

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January 24, 2020

DLF plans to invest Rs.5000 crore to develop commercial project in Chennai

Real estate major DLF Limited will invest INR 5000 crore in an IT park project - DLF Downtown - in Chennai's Taramani locality, the company has said, a move aimed at expanding its portfolio of rent-yielding properties.

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January 24, 2020

DLF plans to invest 5,000 crore on 6.8 million sq ft commercial project in Chennai

DLF plans to invest INR 5000 crore in phases to develop a new 6.8 million sq ft commercial project - DLF Downtown - in Chennai's Taramani locality. The project is DLF's fourth in the city, said Mohit Gujral, CEO, DLF.

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January 24, 2020

Tamil Nadu CM Edappadi Palaniswami lays foundation for DLF DownTown in Chennai

Chief Minister Edappadi K. Palaniswami on Thursday laid foundation for the construction of DLF Downtown, a joint venture of the Tamilnadu industrial development corporation (TIDCO) & DLF, for housing information technology (IT) forms under one roof.

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January 24, 2020

DLF, backed by GIC, to invest 5,000 cr. to develop IT park

After nearly a decade, the DLF project in Taramani is set to take off with Chief Minister Edappadi K. Palaniswami laying the foundation stone on Thursay.

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January 24, 2020

DLF To Invest Rs 5,000 Crore In New Commercial Project In Chennai

One of India's major real estate players DLF has announced that it will be investing INR 5000 crore to build a commercial project in Chennai.

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January 24, 2020

DLF to invest Rs.5000 cr in commercial project in TN

Real estate company DLF is investing INR 5000 crore in developing around 6.8 million sq ft in phases for its fourth project.

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January 24, 2020

DLF to invest Rs.13k-cr in office spaces

Real state company DLF is planning to develop nearly 20 million sq ft of office space in the country over next six to seven years for an estimated INR 13000 crore in investment.

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January 24, 2020

DLF plans to invest Rs.5000 crore to develop commercial project in Chennai

After nearly a decade, the DLF project in Taramani is set to take off with Chief minister Edappadi k Palaniswami laying the foundation stone on Thursday.

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January 24, 2020

DLF plans to invest Rs 5k-cr to build IT park in Chennai

Real state developer DLF plans to invest INR 5000 crore in phases in developing a new commercial project - DLF Downtown of 6.8 million sq ft - in Chennai. The new project is DLF's fourth in the city, said Mohit Gujral, CEO.

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January 24, 2020

Post- GIM-II, Rs 19K cr MoUs inked: CM

The chief minister laid the foundation stone for construction of DLF Downtown Chennai a joint venture project of Tamilnadu industrial development corporation (TIDCO) & DLF, at the cost of INR 5000 crore. The project will have housing, IT and ITES organizations under one roof.

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January 24, 2020

CM lays foundation for DLF DownTown

Chief minister Edappadi k Palaniswami on Thursday laid the foundation for the construction for DLF's 'Downtown IT Park', a joint venture of Tamilnadu industrial development corporation (TIDCO) & DLF for housing information technology firms under one roof.

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January 24, 2020

EPS kickstarts Rs.5000 crore DLF IT Park

Chief minister Edappadi k Palaniswami on Thursday laid the foundation for DLF's 'DownTown IT Park', which is coming up at a cost of INR 5000 crore and will create 6.8 million Sq ft IT space, at Taramani.

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January 23, 2020

Investor friendly TN scales new peak: CM

Chief minister Edappadi k Palaniswami on Thursday laid the foundation stone for DLF Downtown Chennai campus today for technology related services in Taramani today declared that the state was always investment friendly and will scale new peak in industrial growth.

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November 29, 2019

DLF'S inventory sales key to further gains

DLF has been on an uptrend over the past two months(up by 51 per cent since October), on expectations that monetisation of its inventory, steady gains form the rental business and new projects will lead to higher case flows and improve growth visibility

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November 28, 2019

AIF realty fund, if run judiciously, will restore consumer confidence, says DLF'S Ashok Tyagi

DLF the 25,000 cr realty fund is run judiciously, it should definitely solve the problems of some of the project of stressed builders,says Ashok Tyagi, whole-time direector, DLF

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November 26, 2019

Analysts see more headroom for quality real estate stocks

"The real estate sector has been a surprise performer in the CY19 at a time when most players in the segment are saddled with unsold inventory and liquidity issues."

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November 26, 2019

DLF Plans to invest 1500cr in new commercial project

"Realty major DLF's arm will invest around 1500 crore in the next two years in construction of over 3 million sq ft office space in Gurugram."

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November 26, 2019

DLF to invest 1500cr on Gurugram project

"Realty major DLF's arm will invest around 1500 crore in the next two years on the construction of over 3 million sq ft office space in Gurugram,Haryana to tap into growing demand for commercial properties from corporates & co-working players."

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November 26, 2019

'Overweight' on DLF new price target at INR 269

"DLF has restructured its business model and balance sheet to become a more focussed development and rental company. From here,the spot light will shift towards monetisation of its 100bn in unsold & completed inventory, leading to positive free cash flow generation (~5-6bn p.a.) and, potentially, further deleveraging."

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November 26, 2019

DLF to Invest INR 1500 cr. on new project

"Realty major DLF's arm will invest around INR 1500 crore in the next two years on construction of over 3 million sq.ft. office space in Gurugram to tap the growing demand for commercial properties from corporates and co-working players."

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November 26, 2019

Morgan Stanley upgrades DLF, Raises Target

Morgan Stanley has upgraded real estate major DLF to overweight from equal weight and raised target price to INR 269 from INR 201. DLF has restructured its Business model and balance sheet to become a more focussed development and rental company said Morgan Stanley.

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November 9, 2019

Realty Major DLF to become debt-free in next one year

"Realty major DLF's net debt rose 31% during July-September to Rs 4,461 crore from the previous quarter, but the company exuded confidence that borrowings will come down to an "insignificant level" in the next one year on higher sales."

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November 9, 2019

DLF's Net debt rises 31% to 4,461 cr

"Realty major DLF's net debt rose 31% during July-September to Rs 4,461 crore from the previous quarter, but the company exuded confidence that borrowings will come down to an insignificant level in the next one year on higher sales."

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November 8, 2019

DLF Q2 net profit increases 19% to 445 cr.

Realty Major DLF on Thursday reported a 19 percent increase in consolidated net profit at Rs 445.85 crore for the second quarter of this fiscal year, mainly on lower expenses, and announced appointment of Vivek Anand as the group chief financial officer (CFO).

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November 8, 2019

DLF revenue fell 20% in September quarter

Real estate major DLF reported a 19.8 percent year-on-year drop in consolidated operating revenue for the July-September quarter, to 1716 crore.

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November 8, 2019

DLF Q2 net up 19% to 445 cr.

"DLF reported a 19 percent increase in consolidated net profit at Rs 445.85 for the second quarter from 374.44, mainly on lower expenses, and announced appointment of Vivek Anand as the group chief financial officer (CFO)"

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November 8, 2019

DLF net profit rises 19% in Q2

Realty Major DLF Ltd on Thursday reported a 19 percent increase in consolidated net profit at Rs 445.85 crore for the second quarter of this fiscal year mainly on lower expenses, and announced appointment of Vivek Anand as the group chief financial officer (CFO)

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October 30, 2019

Premium Mall rentals soaras demand outstrips supply of quality spaces

DLF Place, a popular premium shopping mall at Saket in south delhi, is set to come back in November with a new look-and higher rents- after six month renovation. Owned by India's Leading real estate developer DLF Ltd, The mall will be relaunched as DLF Avenue. Monthly rentals in the 516,000 square feet mall are expected to shoot up two fold from its earlier rate.

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October 30, 2019

Premium mall rentals soar on rising demand

DLF Place, a popular premium shopping mall at Saket in south delhi, is set to come back in November with a new look- and higher rents- after six month renovation. Owned by India's leading real estate developer DLF Ltd. The mall will be relaunched as DLF Avenue.

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October 3, 2019

DLF Settlement

Realty major DLF has settled the entire Rs. 8,700 amount payable to DLF Cyber City Developers Ltd, its joint venture with Singapore- based GIC, by transferring various completed commercial properties and land parcels as well as cash payment.

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October 3, 2019

DLF settles Rs 8,700-cr payment with GIC

"Realty major DLF has settled the entire Rs. 8,700 amount payable to DLF Cyber City Developers Ltd, (DCCDL), its joint venture with Singapore-based GIC, by transferring various completed commercial properties and land parcels as well as cash payment."

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October 3, 2019

DLF settles Rs 8,700-cr payable to JV with GIC

Realty major DLF has settled the entire Rs. 8,700 amount payable to DLF Cyber City Developers Ltd (DCCDL), its joint venture with Singapore- based GIC, by transferring various completed commercial properties and land parcels as well as cash payment.

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October 3, 2019

DLF pays joint venture Rs 8,700-cr to settle dues dues

Realty major DLF has settled the entire Rs. 8,700 amount payable to DLF Cyber City Developers Ltd (DCCDL), its joint venture with Singapore- based GIC, by transferring various completed commercial properties and land parcels as well as cash payment.

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October 3, 2019

DLF settles Rs 8,700-cr dues with JV

Realty major DLF has settled the entire Rs. 8,700 amount payable to DLF Cyber City Developers Ltd (DCCDL), its joint venture with Singapore- based GIC, by transferring various completed commercial properties and land parcels as well as cash payment.

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October 3, 2019

Annuity gives significant valuation cushion to DLF

Value of DLF annuity/rental portfolio equals 95% of its market cap( based on implied cap rate of embassy REIT at current valuation).

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October 3, 2019

DLF settles Rs 8,700-cr dues payable to JV with GIC

"Realty major DLF has settled the entire Rs. 8,700 amount payable to DLF Cyber City Developers Ltd (DCCDL), its joint venture with Singapore- based GIC, by transferring various completed commercial properties and land parcels as well as cash payment."

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October 3, 2019

Open your Heart, Daan Utsav is here

"A week of giving back to society began on Gandhi Jayanti, with celebrities and school kids, CEO's and auto drivers, homemakers and organisations, even a shopping mall in south delhi, donating their time, money, resources or skills to raise money for and awareness about people in need."

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September 26, 2019

No room to cut home prices, say developers

Recent reduction in corporation tax rates unlikely to be passed on to buyers Prospective home buyers are unlikely to reap any benefit from the corporation tax rate cut announced by Finance Minister (FM) Nirmala Sitharaman last Friday as developers are in mood not to cut prices of apartments.

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September 20, 2019

Land monetizing pace picks up but concerns on unsold inventory remain

DLF Ltd's sale of nine acre land parcel in gurugram to multinational bank American Express (India) Pvt. Ltd (AMEX) is positive for its commercial property business. The timings of the Rs 300 crore deal is right too as the stage was set for DLF's next phase of growth sector after it resurrected itself from the huge debt stranglehold.

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September 18, 2019

Will use American Express deal money to pare debt: DLF's Tyagi

DLF has announced sale of over nine acres of land in New Gurugram to American Express (India) for more than 32 crores per acre.

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September 17, 2019

DLF Sells New Gurugram land to Amex for INR 300 crore

India's largest realty form DLF has sold land parcel of over nine acres in New Gurugram to American Express (India) (AmEx) for about 300 crores in one of the costliest property deals in this area.

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September 17, 2019

DLF strikes Rs 300 crore land deal

India's largest realty firm DLF has sold over nine acres of land in New Gurugram to American Express for about Rs 300 crore in one of the costliest property deals in this area.

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September 17, 2019

DLF sells 9 acres to AmEx for Rs 300 Crore

Realty major DLF has sold nice-acre land parcel in New Gurugram TO American Express for about Rs 300 crore in one of the costliest land deals in this area, sources said.

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September 16, 2019

DLF sells 9 acres to AmEx for Rs 300 Crore

New Delhi: DLF Ltd has sold a little over 9 acres of land in Sector 74A, Gurugram to American Express for Rs. 300 crore. The deal, at a little over Rs 32 crore an acre, is the costliest transaction in the neighbourhood that is about 16 km away from DLF Cyber city

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August 29, 2019

DLF to earn INR 375 crore rent/year from new commercial project in Gurugram

Real estate major DLF has almost completely leased its commercial project in Gurugram

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August 24, 2019

Thailand's MQDC in lease deal with DLF

Thailand-Based real estate firm MQDC is entering the Indian Property market by taking onlease 22,000 sq ft from realty major DLF to start its Co-working centre in the national capital.

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August 24, 2019

Corporate bosses see higher demand,fast recovery

Expect more moves, GST cut for permanent healing of ailing sectors

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August 5, 2019

DLF settles Rs 3,100 crores with singapore investment JV

Realty major DLF has settled Rs 3,100 crores payable to its joint venture with Singapore GIC by transferring Noida shopping mall and some land parcels

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August 5, 2019

DLF's payable to JV form down to INR 5600 crores

Realty firm DLF Ltd has settled Rs 3,100 crores payable to its joint venture payable to its joint venture by transferring Noida shopping mall and some land parcels."

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August 5, 2019

DLF lowers payable to JV firm to INR 5,600 crores

Realty major DLF has settled Rs 3,100 crores payable to its joint venture payable to its joint venture with Singapore GIC by transferring a Noida shopping mall and some land parcels.

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August 5, 2019

DLF Shifts mall, land parcels to JV to cut liability

DLF has settled Rs 3,100 crores payable to its joint venture payable to its joint venture with Singapore GIC by transferring a Noida shopping mall and some land parcels.

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August 1, 2019

DLF sales Guidance in FY20 at INR 2700 crores

On the back of an expected sales launch of the second phase of its Ultima Project in New Gurugram in the last quarter of 2019-20, India's Leading real estate developer DLF has provided a saes guidance of INR 2700 crores this year

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August 1, 2019

Skootr takes 15,000 sq ft office space on lease

Co-Working operator Skootr has taken 15,000 sq ft office space on lease in a prime commercial building, developed by DLF-Hines joint venture, at Gurugram as part of its expansion plan

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July 31, 2019

DLF's net debt down 35% to 3,416 crore

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July 30, 2019

DLF Q1 profit gallops over two-fold to 414.72 crore

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July 30, 2019

DLF net jumps over two-fold

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July 30, 2019

DLF net more than doubles to 414 cr

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July 30, 2019

DLF Q1 profit jumps over twofield to 414.7 crore

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July 30, 2019

DLF Q1 profit zooms to 414.7 cr

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July 30, 2019

DLF net profit more than doubles to 414 cr

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July 30, 2019

Promoters infuse 2,250 cr Final Tranche into DLF

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July 30, 2019

DLF Q1 net jumps over twofold to 415 cr

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July 30, 2019

DLF profit jumps twofold to 415 crore

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June 28, 2019

Dlf's promoters infuse last tranche of 2,250 cr

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June 28, 2019

Promoters infuse 2,250 cr into DLF

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June 28, 2019

Promoters infuse 2,250 crore into DLF

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June 28, 2019

DLF warrant conversion: promoters infuse balance 2,250 cr

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June 28, 2019

DLF's promoters infuse last tranche of 2,250 crore

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June 28, 2019

Promoters infuse 2,250 crore into DLF

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June 25, 2019

DLF Camellias tops super luxury segment in India:PropEquity study

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June 25, 2019

Developers wooing buyers with cleaner,greener 'smart' homes

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June 25, 2019

Indian builders woo buyers with 'smart' homes

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June 24, 2019

There willbe a pickup in operating cash flows from Q2 onwards:DLF's Tyagi

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June 24, 2019

DLF-GIC JV to Build Country's Largest Mall in Gurugram

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June 18, 2019

DLF hopes demand for IT space will drive growth

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May 28, 2019

DLF cuts net debt by 38% in March quarter

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May 25, 2019

DLF eyes 10% sales booking rise in FY20

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May 25, 2019

DLF operating cash flow to rise in coming quarters

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May 23, 2019

DLF net rises 76% to INR 437 cr

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March 20, 2019

DLF-Hines JV line up INR 1,900-cr investment

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March 18, 2019

DLF to invest INR 750 cr in new project

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March 11, 2019

DLF plans to raise INR 3,200 crore via QIP

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March 4, 2019

DLF's sales bookings to jump over two-fold to INR 2,400 crore this fiscal

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February 19, 2019

DLF Shopping Malls
target 8 million sq. ft. of retail space by 2014

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February 14, 2019

DLF Shopping Malls to come up with 3 new shopping centers

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February 12, 2019

DLF improves performance in Q3, analysts maintain Buy with revised target price of Rs 216

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February 11, 2019

DLF Shopping Malls Celebrate a Decade of Retail Excellence

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February 6, 2019

DLF reports higher revenues of Rs 2,406 crore in Q3 FY19

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February 6, 2019

DLF to launch QIP when market conditions are conducive

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February 5, 2019

DLF Q3 consolidated net profit at Rs 345 cr

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Press Releases

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Guidelines

Media Contact

Members of the press are requested to direct all questions or interview
requests to Mr. Divya Puri on email or call on the phone number provided.

Mr. Divya Puri

AVP-Corporate Communications
DLF Limited, DLF Centre, 9th Floor,
Sansad Marg, New Delhi-110001

011-42102030    
+91-9899323869

Email: puri-divya@dlf.in

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