Sunday, September 11, 2011

DLF Introduction

The DLF group was founded in 1946 by Chaudhary Raghuvendra Singh. Together with its subsidiaries, joint ventures and associates the group is primarily in the business of real estate development. It operates in all aspects of real estate development, ranging from acquisition of land, to planning, executing, constructing & marketing of project. The group is also engaged in the business of generation and transmission of power, provision of maintenance services, hospitality and recreational activities.
DLF has developed some of the first residential colonies in Delhi such as Krishna Nagar in East Delhi, which was completed in 1949. Since then they have been responsible for the development of many of Delhi’s other well known urban colonies, including South Extension, Greater Kailash, Kailash Colony and Hauz Khas.

DLF is India's largest real estate company in terms of revenues, earnings, market capitalisation and developable area, it is the largest real estate developer in India with 266 million square feet worth of developed and under development projects. In line with its current expansion plans, DLF has over 425 million sq. ft. of development across its businesses, including developed, on-going and planned projects. This land bank is spread over 32 cities, mostly in metros and key urban areas across India. Already a major player in locations across the country, DLF, with over six decades of experience, is capitalising on emerging market opportunities to deliver high-end facilities and projects to its wide base of customers by constantly upgrading its internal skills and resource capabilities.
DLF's primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals. Its exposure across businesses, segments and geographies, mitigates any down-cycles in the market. DLF has recently forayed into the infrastructure, SEZ and hotel businesses.

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