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| Company type | Public |
|---|---|
| ISIN | INE271C01023 |
| Industry | Real estate |
| Founded | 4 July 1946 |
| Founder | Ch. Raghvendra Singh |
| Headquarters | DLF Gateway Tower, Phase 2, Gurugram, Haryana, India |
Key people | Kushal Pal Singh (retd. Chairman) Rajiv Singh (Chairman) |
| Products | Offices Apartments Shopping malls Hotels Golf courses Infrastructure |
| Revenue |  ₹6,958 crore (US$830 million)[1] (2024) |
| ₹2,724 crore (US$330 million) (2024) | |
| Total assets | ₹60,262 crore (US$7.2 billion) (2024) |
Number of employees | 1,608 (excluding hotel business) (March 2019) |
| Website | www |
DLF Limited (formerly Delhi Land & Finance) is an Indian commercial real estate development company. It was founded by Chaudhary Raghvendra Singh in 1946, and it is based in New Delhi, India.[2][3] DLF has developed residential colonies in Delhi such as Model Town, Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas. DLF builds residential, office, and retail properties.[4][5]
With the passage of the Delhi Development Act in 1957, the local government assumed control of real estate development and banned private real estate developers from Delhi proper. As a result, DLF began acquiring land at a relatively low cost outside the area controlled by the Delhi Development Authority, in the district of Gurgaon, and in the adjacent state of Haryana. In the mid-1970s, the company started developing their DLF City project at Gurgaon. This included hotels, infrastructure, and special economic zones-related development projects.
The company is headed by Rajiv Singh, who is the current chairman of the DLF Group. According to the Forbes listing of richest billionaires in 2023, Kushal Pal Singh, Chairman Emeritus, is the 19th richest man in India with a net worth of US$8.8 billion. The company's $US$2 billion IPO in July 2007 was India's biggest IPO in history.[6] In its first quarter results for the period ending 30 June 2007, the company reported a turnover of ₹31.2098 billion (US$370 million) and profit after taxes of ₹15.1548 billion (US$180 million).[7]
As of 31 March 2012, the company had 1,380 square feet of leased retail space across the country.[8] In 2013-14, it leased out 3 million sq ft of office space in India.[9][10]
- ^ "Stock share price of DLF Limited" (PDF). BSE India.
- ^ "DLF: Leading Real Estate Company in India". www.dlf.in. Archived from the original on 7 May 2014. Retrieved 8 April 2014.
- ^ "DLF Ltd" (PDF). Archived from the original (PDF) on 1 November 2010. Retrieved 17 July 2010.
- ^ Sekar, Sunitha (21 March 2013). "DLF residents list litany of broken promises". The Hindu. Chennai, India.
- ^ Reddem, Appaji (25 January 2014). "DLF demand may put State in a fix". The Hindu. Chennai, India.
- ^ IndianExpress.com :: Is India’s largest IPO going to change the Sensex stakes?.
- ^ "DLF seeks land allotted to Gaming City in Hyderabad". thehindubusinessline.com.
- ^ "DLF Ltd (DLF.NS)". Reuters. Retrieved 23 March 2013.
- ^ "DLF leased 3 million sq ft office space in 2013-14". IANS. news.biharprabha.com. Retrieved 24 April 2014.
- ^ "StanChart GBS leases 7.7 lakh sq-ft at DLF's Chennai project for office campus". The Financial Express. 22 October 2020. Retrieved 25 October 2020.