Dlf City -
DLF Limited, is India\'s largest real estate company in terms of revenues, earnings, market capitalisation and developable area. It has a 62-year track record of sustained growth, customer satisfaction, and innovation. The company has approximately 238 msf of completed development and 423 msf of planned projects, and has pan India presence across 30 cities.
DLF\'s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals. Its exposure across businesses, segments and geographies, mitigates any down-cycles in the market. DLF has also forayed into infrastructure, SEZ and hotel businesses.
Development Business
The development business of DLF includes Homes and Commercial Complexes
The Homes business caters to 3 segments of the residential market - Super Luxury, Luxury and Mid-Income. The product offering involves a wide range of products including condominiums, duplexes, row houses and apartments of varying sizes. DLF has 216 msf of developed area under homes and residential plots.
DLF is credited with introducing and pioneering the revolutionary concept of developing commercial complexes in the vicinity of residential areas. Since its inception in 2007, DLF has successfully launched commercial complexes and is in the process of marking its presence across various locations in India.
The development business at present has 391 msf of development potential with 25 msf of projects under construction.
Annuity Business
The annuity business consists of the rental businesses of offices and retail.
With over six decades of excellence, DLF is a name synonymous with global standards, new generation workspaces and lifestyles. It has the distinction of developing commercial projects and IT parks that are at par with the best in the world. DLF has become a preferred name with many IT & ITES majors and leading Indian and International corporate giants, including GE, IBM, Microsoft, Canon, Citibank, Vertex, Hewitt, Fidelity Investments, WNS, Bank of America, Cognizant, Infosys, CSC, Symantec and Sapient, among others.
DLF pioneered the retail revolution in the country and brought about a paradigm shift in the industry by redefining shopping, recreation and leisure experiences with the launch of City Centre in Gurgaon in 2000. The Retail Malls business is a major thrust area for DLF. Currently, DLF is actively creating new shopping and entertainment spaces all over the country.
The company has land resource of 92 msf for office and retail development, with 17 msf of projects under construction.
DLF has acquired AMAN Resorts to expand its presence in the hotel business internationally. It also has a JV with Hilton hotels for the development and management of hotels pan-India. DLF plans to develop world-class hospitality properties under the luxury, business, leisure & recreational segments of the hospitality industry. It has a development potential of 12 msf for its hotel business.
For better implementation and execution of its projects, DLF has created a set of execution enablers – such as Laing O\'Rourke for construction.
DLF has a strong management team running independent businesses, though complementing each other in cases of opportunities of mixed land use. DLF\'s mission is to build a world-class real estate development company with the highest standards of professionalism, ethics and customer service and to thereby contribute to and benefit from the growth of the Indian economy.