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-7.4 (-2.98%)
-7.2 (-2.9%) | Company History - DLF | |
YEAR
EVENTS
1963 Incorporation of American Universal Electric (India) Ltd
1979 DLF United Limited amalgamates with American Universal
Electric (India) Limited to form DLF Universal Electric Limited
1981 DLF Universal Electric Limited changes name to DLF Universal
Limited
1981 DLF Universal Limited obtains its first licence from the
State Government of Haryana and
commences development of the 'DLF City' in Gurgaon,
Haryana
1985 We initiated plotted developments, self first plot in
Gurgaon, Haryana. Consolidate the development of DLF City for
township development.
1991 Construction of our first office complex, 'DLF Centre', at
New Delhi
1993 Completion of our first condominium project, 'Silver Oaks',
at DLF City, Gurgaon, Haryana
1996 Construction of 'DLF Corporate Park', our first office
complex at DLF City, Gurgaon, Haryana.
1999 Development of the DLF golf course
2000 - The Scheme of Merger/Amalgamation of DLF Industries Limited
with M/s. DLF
Universal Ltd., which was approved by the Hon'ble High
Court of Delhi at New Delhi
and by the Hon'ble High Court of Punjab and Haryana at
Chandigarh came into effect
on 09.10.2000.
2002 We venture into retail development in Gurgaon, Haryana
2002 We offer integrated family entertainment centers with the
commencement of operation of 'DT Cinemas' at Gurgaon, Haryana
2003-04 Development of 'DLF Cybercity', an integrated IT park
measuring approximately 90 acres at Gurgaon, Haryana.
2005 * Acquisition of 16.62 acres (approx) of mill land in
Mumbai
* Received 'Corporate Buildings Award' instituted by
'Indian Architect and Builder', a publicationof
Jasubhai Media Group, Mumbai
* Received 'Superbrand' award from Hon'ble Minister for
Civil Aviation, Mr. Praful Patel.
2006 Construction joint venture signed between DLF Universal
Limited and U.K. based Laing O'Rourke Plc to form DLF Laing O'Rourke
(India) Limited
2006 DLF Universal Limited changes name to DLF Limited
2006 Alliance agreement signed between DLF and Hilton
International Co. to incorporate a joint venture company in India to
develop, own and acquire 50 to 75 hotels and services apartments.
2006 DLF enters into a joint venture with WSP Group Plc. for the
purposes of providing engineering and design services, environmental
and infrastructural facilities and also project management
services.
2007 DLF enters into a joint venture with Prudential Insurance
to establish a joint venture company to undertake life insurance
business in India.
- DLF launches bn issue.
-The US-based Hilton Hotels Corporation has declared that it will
develop 10 hotel projects in the country in alliance with DLF Ltd.
-Company has changed its name from DLF Universal Ltd. to DLF Ltd.
2008
-DLF inked a memorandum of understanding with the infrastructure
company Gayatri Projects Ltd (GPL) to develop roads, highways and
bridges across the country.
- DLF Ltd and the Tamil Nadu Industrial Development Corporation
(TIDCO) have forayed into an alliance agreement for a Rs 1,500-crore
Information technology Special Economic Zone (SEZ).
-Commences operations of India's first Luxury Mall - Emporio Clinches
the Title Sponsorship of IPL
2009
-DLF Ltd launched Capital Greens, the Largest private sector
residential project in Delhi.
-Foundation stone laid for DLF-IL&FS Metro In Gurgaon - India's first
public rail trasport system to be built & run by a private Company
- DLF conferred Best Global Developer Award, 2009 by Euromoney
- DLF sells DT Cinemas, enters into a long term strategic alliance
with PVR
2010
-DLF Ltd Launched plots in Gurgaon after a decade, creating a new
suburb-'New Gurgaon'
-DLF Ltd announced the launch of the first phase of its 200-acre
project in Panchkula with an investment of nearly Rs 2,200 crore.
-DLF launching ultra-rich homes in Shimla and Goa
-DLF, Country's largest realty firm, has sold 150 plots, garnering
over Rs 500 crore, in a township project at Gurgaon. DLF launched a
100-acre township 'Alameda' in Gurgaon.
2011
-DLF Ltd Delivered Delhi's first Automated Car Parking in Sarojini
Nagar.
-DLF Pramerica Life Insurance, the insurance arm of India's largest
realty developer, DLF announced that it hired over 3,000 additional
financial advisors in 2010-11 for boosting its sales and growth. The
insurance firm's workforce grew from 2,115 in 2009-10 to 5,119 in
2010-11.
-DLF Ltd has decided to sell off the property in Gurgaon as an effort
to minimise the debt of the company, which stood at Rs 21,524 crore as
on 30 June 2011.
-DLF's arm DLF Hotel Holdings Ltd acquires 26% stake from Aro
Participation Ltd and Splendid Property Company Ltd, affiliates of
Hilton International Company.
-India's largest real estate developer, DLF Ltd along with its JV
partner Hubtown have sold 100 per cent of their respective share
holding in DLF Ackruti Info Parks to private equity fund, Blackstone
for Rs 810 crore.
2012
-DLF Ltd Marks footprint in Infrastructure.It has Launched an 8.3km
expressway project in Gurgaon and delivered Delhi's second Automated
Car Parking in Connaught Place, New Delhi.
-DLF sells hotel subsidiary as divested its entire shareholding in
Adone Hotels and Hospitality Limited for Rs 567 crore.
-DLF LTD seeks association in the latest upcoming trends in sports
and games, the country's largest realty firm DLF has exited the five
year long alliance as IPL sponsor.
-DLF LTD along with its three wholly-owned subsidiaries - i) DLF
Cyber City Developers Ltd., ii) DLF Universal Ltd. and iii) Jawala
Real Estate Pvt. Ltd. (‘Jawala’), have entered into an agreement with
Lodha Developers Limited (‘Lodha’) for divesting the entire stake of
the Company, DLF Cyber City Developers Ltd. and DLF Universal Ltd. in
‘Jawala’ for an enterprise value estimated to be Rs. 2700 crores.
-DLF LTD promoter Pia Singh offloads 1.04-cr shares in DLF to other
promoters.
-DLF inks definitive agreement to sell Amanresorts for 0 mn. | |
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| Source : Dion Global Solutions Limited | |
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