Tag: DLF Cyber City Developers

IndustryLatest Stories

DLF Cyber City Secures ₹1,100 Crore via NCDs

NEW DELHI: DLF’s rental arm, DCCDL, has successfully raised Rs 1,100 crore by issuing non-convertible debentures through a private placement. According to a regulatory filing on Tuesday, the securities allotment committee of DLF Cyber City Developers Ltd (DCCDL) approved the allotment of 1,10,000 Non-Convertible Debentures (NCDs) totaling Rs 1,100 crore to eligible investors. These NCDs come with a coupon rate of 6.91 percent per annum, payable quarterly. DCCDL is a joint venture involving DLF and Singapore’s sovereign wealth fund GIC, with DLF owning nearly 67 percent of the partnership. The company has a vast operational portfolio, encompassing 44 million sq…

CommercialLatest Stories

BlackRock Negotiates for 1 Million Sq Ft Office in NCR

Asset manager Blackrock Inc. is currently negotiating with two real estate developers in the National Capital Region (NCR) to lease 1 million sq ft of office space, according to sources close to the matter. As part of its strategy to strengthen and expand its footprint, Blackrock is in discussions with Bharti Real Estate and DLF regarding their forthcoming projects, ‘Worldmark’ and ‘Downtown’, respectively. Blackrock is eyeing an entire building within the ‘Worldmark’ complex in Delhi’s Aerocity or the ‘Downtown’ project in Gurgaon, with an imminent deal expected, according to the sources. “This will not be a built-to-suit property; however, both…

IndustryLatest Stories

DLF Posts 32% Revenue Surge in FY25

NEW DELHI: DLF has reported impressive financial results for the fiscal year ending March 31, 2025 (FY25), with a consolidated revenue increase of 32% to ₹7,376 crore, up from ₹5,574 crore the previous year. The net profit after tax reached ₹2,744 crore, showing a year-on-year growth of 26% compared to ₹2,172 crore in FY24. This growth was propelled by robust housing demand, effective execution of key projects, and higher average realizations in its development portfolio. Surge in Sales and Collections The company reported gross new sales bookings of ₹14,778 crore in FY25, slightly lower than FY24’s ₹15,058 crore. However, DLF…