Along with its subsidiaries, DLF Limited is carrying out its business of real estate with massive success in India. The firm is engaged in land identification and its acquisition along with planning, construction and marketing of the real estate projects. The company is venturing its business for both domestic and commercial purposes. Besides developing houses, mansions and apartments, the company is engaged in office spaces and retail properties. Hilton Garden Inn and Lodhi Hotel in New Delhi are not only won but also operated by DLF Limited.
Along with all these, the company provides several facility services such as utilities and facilities management services and maintenance services. The company is pursuing its business in generating and selling power in the recent past. Recreational activities are also provided by the company. DLF Limited was incorporated in 1946 and is headquartered at Gurgaon, Haryana.
About Company Information:
Soon after inception, the company developed its first residential colony in East Delhi, namely Krishna Nagar in 1949. The company, between 1950 and 1964, established around 22 urban colonies. In 1985, a DLF city of the 3000-acre area was developed in Gurgaon. The company started intervening group housing projects in the year 1996. A Grade-A office space at Gurgaon was developed by the company in 1999.
In 2002, the company started to intervene in the organized retail complexes. The DLF cyber city was commissioned by the firm in the year of 2003. A joint venture was signed between the company and Prudential Financial, Inc the USA in 2007. DLF Pramerica Life Insurance Company Ltd is a joint venture firm of DLF limited which started to venture the Indian market with its life insurance products in 2008.
Capital Greens, the largest privately owned and developed a residential project in Delhi, was incorporated by the company in 2009. A significant merger procedure took place when Caraf Builders & Constructions Private Limited (Caraf), DLF Info City Developers (Kolkata) Ltd and DLF Info City Developers (Chandigarh) Ltd were merged with DLF Cyber City Developers Ltd, a solely owned subsidiary of DLF Limited during 2009-10. DLF Limited was honoured with Best Global Developer Award, 2009 by Euro money in October of 2009.
In 2010-11, an additional 50% share of Delanco Real Estate Pvt Ltd and the same of Design Plus Architecture Pvt Ltd were acquired by DLF Home Developers Ltd, a subsidiary of DLF Limited. Developing a partnership with Haryana Urban Development Authority, DLF Limited introduced an 8.3 Km expressway project in Gurgaon, in 2012.
DLF had a joint venture with Prudential International Insurance Holdings Ltd, a subsidiary of Prudential Financial, Inc. USA—namely DLF Pramerica Life Insurance Company Ltd. On July 2013, DLF announced about signing an agreement, through which 74% of its equity stake in DLF Pramerica Life Insurance Company Ltd was sold to Dew Housing Finance Corporation Ltd. Emporio Limited, a subsidiary of DLF Limited commenced nation’s first Commercial Mortgage-Backed Security insurance, amounting to Rs.525 crores, having a maturity period of 7.5 years and a coupon rate of 10.90% per annum.
India’s first destination mall was launched by DLF Limited in the year of 2016 at Noida, namely DLF Mall. It was introduced with several new features that had never been seen before in Indian malls. It has been covering a massive area of approximately 2 million square feet. The speciality of the mall is that of a destination, which refers to surpassing the general concepts of only shopping from a mall. The DLF mall started to offer not just shopping but also food and entertainment experiences, such as multiplexes, food courts etc. This was DLF Limited that brought a severe change in the mall facilities, transforming this from a shopping sector to the place of destination. A partnership procedure took place between DLF Cyber City Developers Limited and GIC Real Estate in 2017. This resulted as the transaction of Compulsorily Convertible Preference Shares sale in December of 2017.
How DLF Ltd, is categorised as a Construction Sector, and Construction & Contracting Industry :
Construction Sector consists of company stocks that deal with the preparation as well as the construction of real estate properties. DLF Ltd, is categorized under the Construction and Contracting industry.
The construction industry is one of the most booming businesses in the whole world. The remodelling of any existing building or making specific alterations in the same also comes under the Construction Industry.
DLF Ltd, Competitors and Sector Peers:
3P Land Holdings Ltd. - PUDAGR
Abhishek Infraventures Ltd. - EXESTO
Ashiana Housing Ltd. - ASHHOU
Ashoka Buildcon Ltd. - ASHBUI
Ashoka Metcast Ltd. - ASHOME
Athena Constructions Ltd. - ATHCON
Autumn Builders Ltd. - AUTBUI
Aventus Buildcon Ltd. - RATNAI
B L Kashyap & Sons Ltd. - BLKAS
B Nanji Enterprises Ltd. - BNANEN
BDR Buildcon Ltd. - BDRBUI
Brand Realty Services Ltd. - SAHFIN
Diamant Infrastructure Ltd. - DIAINV
Diggi Multitrade Ltd. - DIGGMU
Dilip Buildcon Ltd. - DILBUI
DS Kulkarni Developers Ltd. - DSKULD
Dugar Housing Developments Ltd. - JPGLO
Dynamic Archistructures Ltd. - DYNARC
East Buildtech Ltd. - CHOBUS
Excel Realty N Infra Ltd. - EXCEL
Exelon Infrastructure Ltd. - MPOILA
Fact Enterprise Ltd. - FACENT
Future Market Networks Ltd. - FUTMAL
Gammon India Ltd. - GAMIND
Ganesh Housing Corporation Ltd. - GANHOU
Garnet Construction Ltd. - GARCON
Godrej Properties Ltd. - GODPRO
Hindustan Construction Company Ltd. - HINCOC
Housing Development & Infrastructure Ltd. - HOUDEV
IITL Projects Ltd. - INDGRE
IL&FS Engineering & Construction Company Ltd. - MAYINF
India Green Reality Ltd. - INDGRR
India Infraspace Ltd. - GANINF
Indiabulls Integrated Services Ltd. - INDWHO
Indiabulls Real Estate Ltd. - INDREA
Indo Pacific Projects Ltd. - INDPAC
KCL Infra Projects Ltd. - KADCON
Kedia Construction Company Ltd. - KEDCON
King Infra Ventures Ltd. - VICAQU
KMF Builders & Developers Ltd. - KMFBUI
Madhucon Projects Ltd. - MADHPR
Magnanimous Trade & Finance Ltd. - MAGNTR
Mahindra Lifespace Developers Ltd. - MAHLIF
Man Infraconstruction Ltd. - MANINF
Manas Properties Ltd. - MANAPR
Manav Infra Projects Ltd. - MANAVI
Narendra Properties Ltd. - NARPRO
Navkar Builders Ltd. - NAVBUI
Numero Uno Finance Ltd. - NUMUNO
Nyssa Corporation Ltd. - RAVTRA
Oberoi Realty Ltd.- OBEREA
Ocean Infrastructure Ltd. - OCEINF
Orbit Corporation Ltd. - ORBCOR
Ozone World Ltd. - ANALEA
Parle Software Ltd. - PARSOF
Parshwanath Corporation Ltd. - PARSHO
Parsvnath Developers Ltd. PARSDE-
Patel Engineering Ltd. - PATELE
Patidar Buildcon Ltd. - TELLAB
Peninsula Land Ltd. - PENLAN
Premier Chennai Properties Ltd. - PRECHE
Premier Energy and Infrastructure Ltd. - PREENE
Prestige Estates Projects Ltd. - PREEST
Prime Property Development Corporation Ltd. - PRIPRO
Proto Developers & Technologies Ltd. - PRODEV
PSP Projects Ltd. - PSPPRO
Puravankara Ltd. - PURPRO
Purohit Construction Ltd. - PURCON
Pushpanjali Realms and Infratech Ltd. - PUSREA
PVP Ventures Ltd. - SSILTD
Shree Krishna Infrastructure Ltd. - SHREE4
Techindia Nirman Ltd. - NATSEE
UTL Industries Ltd. - UNITUB
Wagend Infra Venture Ltd. - AGAHOL
Zuari Global Ltd. - ZUAIND
