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Camellias, a super luxury project in Gurugram, alone raked in Rs 1,035 crore in sales.

DLF leases 3 lakh sq ft office space in Gurgaon SECTIONS Share Synopsis The office space leasing in Delhi-NCR witnessed a net absorption increase of 5% quarter-on-quarter in January-March, with 1.07 million sq ft, according to a report by international property consultant JLL. Agencies The office space leasing in Delhi-NCR witnessed a net absorption increase of 5% quarter-on-quarter in January-March, with 1.07 million sq ft, according to a report by international property consultant JLL. Real estate firm DLF has leased nearly 300,000 sq ft office space to three companies in Gurgaon at a time...

The realty major on Thursday announced that its material subsidiary DLF Cyber City Developers (DCCDL) has completed the acquisition of 51.8% stake in Fairleaf Real Estate for Rs 779.40 crore.Consequently, Fairleaf has become a wholly owned subsidiary of DCCDL. DCCDL had in December 2020 entered into a securities purchase agreement with funds managed by Hines for acquisition of their stake in Fairleaf, which owns and operates One Horizon Centre, Gurugram. One Horizon Centre is an asset forming part of a larger mixed-use development located in DLF 5, Gurugram. The leasable area of the property ...

Ambuja Cements reported 23.64% rise in consolidated net profit to Rs 732 crore on 5.55% rise in net sales to Rs 7350 crore in Q4 December 2020 over Q4 December 2019. The board of directors of ACC has approved the renewal of the existing Master Supply Agreement (MSA) with Ambuja Cements (ACL) for a period of 3 years w.e.f. May 02, 2021, on the same terms of the existing MSA Agreement. DLF said its material subsidiary DLF Cyber City Developers (DCCDL) has completed the acquisition of this 51.8% stake at a consideration of Rs 779.40 crore and consequently Fairleaf has become a wholly owned sub...

Domestic indices declined for fourth consecutive session on Friday. Rising COVID-19 case and mixed global cues triggered profit selling in domestic shares. The Nifty ended below the 15,000 mark. Banks, metals and pharma shares tumbled. As per the provisional closing data, the barometer index, the S&P BSE Sensex, dropped 434.93 points or 0.85% at 50,889.44. The Nifty 50 index lost 137.2 points or 0.91% at 14,981.65. Selling was broad based. The S&P BSE Mid-Cap index slipped 1.48% while the S&P BSE Small-Cap index fell 0.56%. Sellers outnumbered buyers. On the BSE, 1,206 shares rose and 1,750 ...