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DCCDL News

DLF promoters stake sale

30 Sep 2017

DLF gets shareholder nod for promoters' Rs 12,000 crore stake sale

The deal is expected to get completed by November after all regulatory approvals, including those of the CCI.

27 May 2017

DLF promoters, GIC set to sign Rs 13,000 crore deal

Realty major DLF's promoters are likely to enter into an agreement with Singapore's sovereign wealth fund GIC in the next few weeks to sell their 40 percent stake in rental business for an estimated Rs 13,000 crore.

01 Mar 2017

DLF promoters to sell 40% stake in rental arm to GIC

Real estate major DLF's promoters will enter into an exclusive pact with Singapore's GIC to sell their 40 percent stake in the company's rental arm, DCCDL Ltd, for an estimated amount of up to Rs 13,000 crore.

10 Dec 2016

DLF promoters receive offers for Rs 14,000 crore stake sale in rental business

Promoters of the major real estate player DLF have received offers from two investors for selling their 40 pecent stake in rental business. As per reports, the deal maybe signed in the next quarter.

14 Jun 2016

DLF to sell 40% stake in its rental arm; gets over $1bn bids

DLF had in October last announced that its promoters will sell their stake in the DLF Cyber City Developers Ltd which holds the bulk of office and retail complexes.

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