Business Ideas
DLF to bring all rental properties under single entity
Realty major DLF has decided to bring all of its rental properties under a single umbrella, as part of business restructuring, to optimise the value of its various realty verticals. - IT projects in city on the back burner - Valuation concerns - Wkly Tech Analysis: Market likely to drift lower - Support seen at 4,900 level - Markets raise eyebrows at DLF, Caraf deal valuations - PVR shareholders ok DT Cinemas buy In a presentation to its investors, DLF said its realty business, henceforth, would be divided into two — annuity (rentals) and development company. Under the restructuring exercise, DLF Cyber City Developers Ltd, a subsidiary of DLF, would emerge as the group"s flagship company for holding rental assets, offices, malls, facilities management and utilities. On the other hand, the real estate development vertical will be divided into three divisions, focusing on the Gurgaon market, super metros and the rest of India, it said.Aussie expat finance commented:
One of the best information on real estate. Totally agree with the discussion. Thanks for the post.
09.05.2012