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The Dominating Presence Of Dlf In The Ncr Real Estate Market
The returns have been huge to say the least, and the future trends are quite promising too for the region as well. Gurgaon, Noida, Greater Noida, Indirapuram, Ghaziabad all these cities have transformed from the brink of obscurity to become the glittering faces of international real estate arena.
The presence of DLF Limited (Delhi Land and Finance) can be felt in a big way today in each and every corner of the country. It is the India’s largest real estate company which has a 62-year track record of persistent development, customer liking and advancement. With approximately 238 million square feet of completed development and 423 million square feet of planned projects DLF has pan India presence across 30 cities. In all these years DLF has hardly experienced any setback in property business due to its immense experience in different businesses, segments and geographies. DLF Chairman Dr. K.P Singh, has been conferred the prestigious ` Indian Business Leader of the Year´ award at the Horasis Global India Business Meeting in Antwerp, Belgium.
DLF’s knack in innovation had set the trend of developing market ...
... complexes in the environs of residential areas. Every big organization is vouching for DLF today including GE, IBM, Microsoft, Infosys, Cognizant and several other well recognized corporate giants. Its uniqueness lies in developing the finest commercial projects and IT parks. DLF has left no stone unturned while constructing its houses and market places thus they are equivalent to the best constructions of the world.
DLF has set an example in the retail sector by reformulating the world of shopping, recreation and leisure with the setting up of City Centre in Gurgaon in 2000. The retail malls business is one of the most profitable businesses for DLF so its major concentration is on developing new shopping and recreational spaces across the country.
DLF aims at developing first class hospitality properties under the luxury, business, leisure and recreational sectors. It has engaged a set of execution enablers like Laing O'Rourke, Dubai based Nakheel, WSP group Plc etc. for construction so that its projects are implemented and executed in the best possible manner.
Off late DLF’s main concentration is on building luxury homes in north India which can fetch them high profits. North India, including cities like Gurgaon, Lucknow, and the Chandigarh area which makes up 70% of DLF’s business, will be the focal point of its new projects. It plans to break ground on about 10-12 million sq. ft this year, compared with 12 million sq. ft in the year that ended in March and half the 24 million sq. ft it launched in the year ended March 2008.
DLF plots in Gurgaon are the most favorite residential spaces in Gurgaon, choose from the residential DLF properties in Gurgaon to enjoy a world class standard of living.
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