Dlf- Company Info

DLF Limited or DLF (Delhi Land and Finance) is the Indias biggest true estate developer base in New Delhi, India. The DLF Group was founded by Raghuvendra Singh in 1946.[2] DLF actual residential colonies in Delhi such as Shivaji Park ( which was in truthly its first one), Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash, Kailash Colony and Hauz Khas. In 1957, with the charge of Delhi Development Act, the local government assumed control of substantial estate development in Delhi and banned private real estate developers. As a result DLF began acquiring reduce at relatively low cost outside the electron orbit controlled by the Delhi Development Authority, in the district of Gurgaon, in the near state of Haryana. In the mid-seventies, the guild started developing DLF City design at Gurgaon. Its upcoming plans include hotels, infrastructure and special economic zones-related development projects.[3] The company is currently headed by Indian billionaire Kushal befriend Singh. Kushal Pal Singh, according to the Forbes listing of richest billionaires in 2009, now stands as the 98th richest man in the world and the worlds richest property developer. The companys US$ 2 billion initial offering in July, 2007 created Indias biggest IPO in history.[4] In July 2007, DLF announced its first quarter results endpoint 30 June 2007.

The company reported a turnover of Rs. 3,120.98 Crore and water faucet at Rs. 1,515.48 Crore. [edit] History In the early 40s-50s Raghuvendra Singh was bankrolled by the Dabra & the Sahanpur families to procure real estate around Delhi. That money was multiplied over the decades through investments like Punjabi Bagh, Rajouri Garden, Krishna Nagar, South Extension, Greater Kailash 1 & 2, Kailash Colony, Hauz Khas and Panchsheel. In the 1970s and 1980s DLF purchased 3,000 acres (1,214 ha) of land from farmers in Gurgaon for $2000 per acre.[5] But at that time, the Haryana government did not allow private companies to develop the land. historic period later, when Rajiv became Prime... If you want to get a full essay, order it on our website: Orderessay

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