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So is DLF coming with any new projects in Delhi NCR after the Debt is cleared?? And what about the news that it sold the non profit ventures to clear the due?
Hi guys, as per sources, the renowned DLF has observed 10.2 percent hike in its total profit and is expecting even more. It has announced that in few more months half of its debt will be cleared.
By selling its non-core assets, DLF had reduced its debt by Rs 1,870 crore. DLF sales have been increased, so the builder hopes that it can clear debts very soon if the scenario remains same.
Hi Shilpa, DLF has almost cleared the debt, but what ever is left they are more focusing on paying them off, rather than opening new venture and projects. I think within this year, they will be over it. Are you looking for invest ?