DLF Maiden Heights Phase 2

About Builder:The DLF Group has played an instrumental role in changing the skyline of the present day urban Gurgaon. The developer has already completed projects covering a total area of 220 million sq. ft. and over 574 million sq. ft. of planned projects. The DLF was founded by Chaudhury Raghuvendra Singh in the year 1946 and successfully built few of Delhis first residential colonies, Krishna Nagar, Greater Kailash, South Extension, Kailash Colony and Hauz Khas. Till date it has developed 22 urban colonies along with an entirely integrated 3000 acre township, the DLF City in Gurgaon. Moreover, the company has vast reserves of 10,255 acres of land spread across the nation that are to be developed in future. DLF Achievements The DLF is the only developer from India in the consumer validity category of the real estate sector that has earned the Superbrand ranking. On March 2005, it received the corporate buildings award by the leading construction design magazine Indian Architect and Builders.

The reaThe real estate developers are the eminent personality who are helpful in the transaction of the bulk properties in the field of Real Estate and Infrastructure.
Developer like DLF have explore themselves in terms of residential, commercial as well as rental properties. They extensively use Information Technology for planning in real estate, as well as innovate to benchmark real estate developments to global standards. The projects launched by the DLF is a complete mixture of harmony, tranquility, synchronization as well as experience of security and pleasure. Some of the projects launched by the DLF builder are Woodland Heights, New Launch in Sec 86, Maiden Heights Phase 2, Maiden Heights, Primus, Regal Gardens, DLF New Town Heights. Thus with the launch of these projects, this developer has given a new face to the cities.

Despite of being number of the real estate players in the market the DLF builder ensure that you get the best value property for your hard earned money. It has a wonderful and unvarying track record of growth, customer satisfaction and innovation. Some of the upcoming projects by the DLF builder in the various cities are DLF Garden City and Gardencity. The project is spread across wide acres of pristine land. The project launched by the DLF Group ensures that the customers are satisfied with their choice of homes.

About Project:DLF Maiden Heights Phase 2

The DLF Group is coming up with new amazing project called DLF Maiden Heights Phase 2. DLF Group is itself the big name in real estate industry. DLF Group has over 289 million sq. ft. area of development in the field of residential, commercial , developed and on going project.DLF Maiden Heights Phase 2 project is located at Rajapura, Bangalore. It is offering 2/3 bhk apartments. DLF Maiden Heithts 2 project has Spanish style architecture and beautiful gardens.

To Know More About DLF Project: DLF Projects

DLF Realty

DLF sells 17 acres of Mumbai plot to Lodha for Rs 2,700 cr

New Delhi: In the biggest realty deal in the country this year, DLF Monday announced sale of 17 acres of prime land in Mumbai to Lodha Developers for Rs 2,700 crore, almost four times higher than the price it had paid in 2005.

India's largest real estate company DLF had bought the land from National Textile Corporation for Rs 703 crore. It decided to sell this piece of land as part of the strategy to exit from non-core business.

In a statement, DLF said that the company has sold the entire stake in its arm Jwala Real Estate, which owns this land at Worli in Mumbai, for "an enterprise value of about Rs 2,700 crore".

Separately, Lodha Developers said it has entered into an agreement with DLF to acquire the land.

"The acquisition is for a consideration of Rs 1,200 crore for both equity and debentures of the company. In addition, Lodha is also expected to take over about Rs 1,500 crores of liabilities that Jwala has incurred for the development since it purchased the property from NTC in 2005," Mumbai-based Lodha said.

Although DLF has earned Rs 2,000 crore proft on this deal, the valuation is lower than Indiabulls' deal in 2010 for the 8.39 acres of NTC land for Rs 1,580 crore.

"The acquisition is 3-4 times cheaper than deals recently done by other real estate players. At a cost of just over Rs 5,000 per sq ft, this land acquisition gives Lodha significant competitive advantage to build a mixed-use development over 5 million sq ft at the prime location of Worli," Lodha said.

When contacted, DLF Group CFO Ashok Tyagi said: "We have received Rs 500 crore in advance from Lodha. The deal will get completed by October."

On valuations, Tyagi said: "The size of the deal is fair. We have broadly got what we were looking for" and added that the funds would be used to cut debt that currently stands at Rs 22,680 crore.

DLF aims to cut debt by Rs 5,000 crore this fiscal, he said, adding that talks are on for sale of hotel business Amanresorts and wind energy.

Lodha said real estate players, including Oberoi and Runwal, had also put in their bids to buy this land.

The investment of Rs 2,700 crore would be funded through equity and bank loans, Lodha Developers Managing Director Abhisheck Lodha told PTI.

When asked whether the company would rope in private equity players in the deal, Lodha said "not sure".

DLF share price rose by 3.47 percent at Rs 217.55 on the BSE in anticipation of announcement of this deal.

With this current deal, DLF has raised nearly Rs 8,000 crore from sale of non-core-assets (hotel plots and IT SEZs/ Parks) in the last couple of years.

This is the biggest land deal since March 2011 when Wave Infra bought 151 acres of land in Noida for a whopping Rs 6,570 crore.

For Lodha's, this is the second high-value land deal in the recent times. In 2010, the company had bought a 25,000 square metre plot at Wadala in Mumbai for Rs 4,050 crore, termed as the costliest deal in the city.

Among other major land deals in the country, BPTP had bagged 95 acres of land in Noida for Rs 5,006 crore through an auction, but the deal fell through as the company was unable to make the full payment.

DLF had bagged a 350-acre plot for Rs 1,750 crore in Gurgaon in 2009 and acquired 38 acres in the heart of Delhi for Rs 1,675 crore in 2007. Unitech had won 340 acres in Noida for Rs 1,582 crore in 2006.

The deal has been struck at a time when the general real estate market is facing tough times due to economic slowdown and high interest rates, Lodha added.

Commenting on the deal, Lodha Developers Deputy Managing Director Abhinandan Lodha said: "This is a unique transaction where we not just acquired land but an ongoing project with all approvals and with construction well progressed. We think that the acquisition has given us very competitively priced land in the island city."

When contacted, property consultant Jones Lang LaSalle India Country Head Anuj Puri said it is not correct to say that valuation of deal is lower or cheaper as "there were not many players to be able to write a cheque of half a billion dollars whether in India or globally to buy a real estate".

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Source:http://zeenews.india.com/business/realestate/latest-news/dlf-sells-17-acres-of-mumbai-plot-to-lodha-for-rs-2-700-cr_57981.html

DLF Woodland Heights

DLF Woodland heights Projects Located at Rajapura near Electronic City Bangalore. The projects DLF Woodland Heights presents 2/3/BHK apartments with area ranging from 908 sqft to 1221 sqft and appending Spanish mode of architecture against a backdrop of wonderful gardens. A fine amalgam of luxury, opulence and functional needs it is truly meant to elevate your lifestyle to altogether a different level. The convenience of connectivity, grandiose of layout, expansiveness of residential units, finesse of design and beauty of the structure are sure to take your breath away.

DLF India 

The DLF Group has played an instrumental role in changing the skyline of the present day urban Gurgaon. The developer has already completed projects covering a total area of 220 million sq. ft. and over 574 million sq. ft. of planned projects.