A man cycles past the construction site of a residential apartment building by Indian property developer DLF Ltd. in Gurgaon January 27, 2010. Shares in DLF Ltd, India’s top listed real estate firm, rose more than 3 percent on Thursday after it reported a sequential rise in quarterly profit, signalling a recovery in the realty market was gaining momentum. Picture taken January 27, 2010. REUTERS/Adnan Abidi (INDIA – Tags: BUSINESS) – RTR29K4D Photo Credit: Reuters

Why the GIC deal may not help DLF break the debt jinx

03 March, 2017

DLF Ltd, India’s biggest property developer by market value, may not be able to come out of its debt trap anytime soon despite its promoters’ planned stake sale in the company’s rental arm to Singapore sovereign wealth fund GIC Pte Ltd.


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DLF to ink pact with GIC for stake sale in rental arm

DLF to ink pact with GIC for stake sale in rental arm

TEAM VCC 6 months ago
Real estate firm DLF Ltd said on Wednesday it has decided to enter into an exclusive pact with Singapore sovereign wealth firm GIC Pte Ltd...
DLF extends deadline for stake sale in rental arm to March 2017

DLF extends deadline for stake sale in rental arm to March 2017

Swet Sarika 2 years ago
DLF Ltd, the country’s biggest listed developer, has pushed to next year the deadline for the proposed stake sale in its rental arm by promoter...
DLF appoints bankers to sell promoters' stake in rental business

DLF appoints bankers to sell promoters’ stake in rental business

PTI 2 years ago
Realty major DLF has appointed JP Morgan and Morgan Stanley as merchant bankers for proposed sale of promoters’ 40 per cent stake in the company’s...
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Why the GIC deal may not help DLF break the debt jinx

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