India’s largest real estate firm by market value, DLF Ltd, will be able to raise only half of the targeted Rs5,500 crore this fiscal—by selling assets that are not central to its business of developing property. DLF is selling non-core assets to re…
Despite a substantial jump in revenue, India’s largest real estate company DLF posted a 30% decline in net profit to Rs 468 crore for the quarter ended December 31, 2009, compared to Rs 671 crore from a year-ago period. This is primarily due to subst…
The micro-market of Nariman Point was among the few in the country where office space rentals fell over the last quarter in an otherwise stabilising commercial real estate market. According to a report by commercial real estate services firm CB Richard…