DLF Universal Limited, or DLF, is India's largest real estate developer based in New Delhi. The company was founded by Indian businessman Chaudhury Raghuvendra Singh in 1946 to trade in the real estate business after the forthcoming partition. Dlf developed some of the first residential colonies in Delhi such as Krishna Nagar. In the mid-1970s, the company started developing its ambitious DLF City project which helped transform Gurgaon from a farming village to a commercial and real estate hub. The company has interests in commercial, residential and retail real estate market. Its upcoming plans include hotels, infrastructure and special economic zones-related development projects.^[1] Image File history File links No higher resolution available. ... This article does not cite any references or sources. ... Image File history File links Flag_of_India. ... For other uses, see Delhi (disambiguation). ... Please wikify (format) this article as suggested in the Guide to layout and the Manual of Style. ... Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. ... Look up revenue in Wiktionary, the free dictionary. ... Green up arrow for a positive change in revenue from last fiscal year. ... INR may stand for: International normalized ratio, a laboratory test of blood coagulation the currency code for the Indian Rupee the Institute for Nuclear Research of the Russian Academy of Sciences the US Department of States Bureau of Intelligence and Research This is a disambiguation page — a navigational... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Green up arrow for a positive change in revenue from last fiscal year. ... INR may stand for: International normalized ratio, a laboratory test of blood coagulation the currency code for the Indian Rupee the Institute for Nuclear Research of the Russian Academy of Sciences the US Department of States Bureau of Intelligence and Research This is a disambiguation page — a navigational... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... A real estate developer (American English) or property developer (British English) makes improvements of some kind to real property, thereby increasing its value. ... , This article is about the urban region that is the capital of India. ... The 1970s decade refers to the years from 1970 to 1979, also called The Seventies. ... , Gurgaon   (Hindi: गुड़गांव) is a city in the northern Indian state of Haryana, and has a population of about 1,000,000 according to the 2001 national census. ... For other uses, see Hotel (disambiguation). ... A Special Economic Zone (SEZ) is a geographical region that has economic laws different from a countrys typical economic laws. ...

The company is currently headed by Indian billionaire Kushal Pal Singh, who inherited the company from Chaudhury. The company's proposed US$ 2 billion IPO in July, 2007 is expected to set a number of records: The following is data from the 2006 Forbes list of Billionaires. ... Please wikify (format) this article as suggested in the Guide to layout and the Manual of Style. ... The United States dollar is the official currency of the United States. ... Wikipedia does not yet have an article with this exact name. ...

• Create India's biggest IPO in history. [7]
• Make DLF, one of the biggest listed real-estate companies in the world.
• Make Singh one of the richest persons in India.^[2]

However the company has been plagued with a plethora of corporate governance issues. DLF was a listed company earlier which was fined by SEBI for violating the listing norms. It went to delist the stocks from the market by paying a meagre sum of Rs 50 crore for which they are asking in two years around Rs 9000 crores. DLF applied for its IPO in 2006 but was blocked by minority shareholders because of debenture fraud. When it came to light, Postal department filed an FIR alleging irregularities in the process. Later on DLF compensated the minority stakeholders by restoring their shares and was allowed to list.

In July 2007, DLF announced its first quarter ending 30th June 2007. The company reported a turnover of Rs. 3,120.98 Crore and PAT at Rs. 1,515.48 Crore. ^[3] This article does not cite any references or sources. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ...

Recent history

Until the mid-1990s, most of DLF's operations were in Gurgaon and Delhi metropolitan area. However, with increased assets, DLF has been aggressively trying to ramp up it's operations all over India. A major investment made by DLF was a INR 7 billion buyout of NTC Mill Land in Mumbai. Some of DLF's other development initiatives include a US$ 2.1 Billion investment in Tamil Nadu^[4], a multi-billion dollar business park in Bangalore^[5], a US$ 1.7 billion investment in Madhya Pradesh's real estate and infrastructure sector^[6], and a INR 10 billion investment plan for developing special economic zones in Orissa.^[7] For the band, see 1990s (band). ... Delhi   (Hindi: , Urdu: , Punjabi: ), sometimes refered to as Dilli, is the second-largest metropolis in India after Mumbai with a population of 13 million. ... INR may stand for: International normalized ratio, a laboratory test of blood coagulation the currency code for the Indian Rupee the Institute for Nuclear Research of the Russian Academy of Sciences the US Department of States Bureau of Intelligence and Research This is a disambiguation page — a navigational... , “Bombay” redirects here. ... The United States dollar is the official currency of the United States. ... Tamil Nadu (தமிழ் நாடு, Land of the Tamils) is a state at the southern tip of India. ... A business park in Santa Barbara County, California A business park or business estate is an area of land in which many office buildings are grouped together. ... , Bangalore (BengalÅ«ru) (Kannada: ; pronunciation: in Kannada and in English) is the capital of the state of Karnataka in [[India]. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore has an estimated metropolitan population of 6. ... The United States dollar is the official currency of the United States. ... , Madhya Pradesh (abbreviated as MP)   (HindÄ«: मध्य प्रदेश, English: , IPA: ), often called the Heart of India, is a state in central India. ... INR may stand for: International normalized ratio, a laboratory test of blood coagulation the currency code for the Indian Rupee the Institute for Nuclear Research of the Russian Academy of Sciences the US Department of States Bureau of Intelligence and Research This is a disambiguation page — a navigational... , Orissa   (Oriya: ଓଡ଼ିଶା), is a state situated on the east coast of India. ...

Problems

External links

• DLF Group
• DLF - The Indian Real Estate Developer

References

1. ^ [1]
2. ^ [2]
3. ^ "DLF Ltd continues on growth path, net profit for the quarter at Rs. 1,515.48 Crore". 
4. ^ [3]
5. ^ [4]
6. ^ [5]
7. ^ [6]