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Home > Forum > Delhi > Builder Review > DLF's debt clearance

DLF's debt clearance

Q: Recently I heard that DLF has sold its Mumbai land. Has DLF cleared its debts by now?

dlf
debt reduction
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Replies (5)
1
In 2005, DLF had bought that land from textile Corp. at around Rs 700 cr.. and now it has sold at more than 4 times...
Ankush


2
Definitely it will clear guys. Initially lodha will give 500 crore and later it will give the remaining. And this first payment will be enough for DLF to clear debts I hope.
devash.pandey


3
It looks like the firm has cleared its debts then...
sonu


4
It was sold to Lodha Developers for rs 2700 crore.
himanshu


5
Hi Himanshu.. at last the land was sold. I had been hearing about the sale from quite long time. Who got the land then?
Manish


6

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