“Borrowing rates are moving southwards in rental portfolio,” DLF Group CFO Ashok Tyagi said

See big boost for affordable housing: DLF's Talwar

Rajeev Talwar, ED, DLF says the finance minister seems to be responding to the realty sectors woes and that this move will give big boost to affordable housing.

Interest cost will go down post Aman Resorts deal: DLF

Group CFO Ashok Tyagi said that DLF‘s net debt will continue to be around Rs 17,500 crore for the next few quarters.

Realty prices won't fall; will pare debt by Rs 2K-cr: DLF

Quoting high labour and commodity prices, Ashok Tyagi, Group CFO, DLF, says realty prices, especially in the Delhi-NCR region will not decrease. He believes the long approval cycles for most of the realty projects are also a deterrent for lower home prices.

To pare debt to Rs 17500cr; see strain on margins: DLF

Real estate giant DLF is confident of reducing its debt to Rs 17,500 crore; in line with its guidance. Its management also hopes to bring down its interest costs by Rs 450-470 crore in FY15.

All launched projects sold; see sales pick-up in Q3: DLF

Sales will pick up in Q3 on the back of festive season says Saurabh Chawla, senior vice president VP Finance, DLF.

Will sell 15000-17000 flats over next 2-3 years: DLF

According to DLF's Rajeev Talwar, the company is likely to sell over 15,000-17,000 flats in the next three years. He believes the government needs to promote housing and construction just like they did for automobile sector.

Land Acquisition Bill will lead to land shortage: DLF

Rajeev Talwar, group executive director, DLF says that the company continues to be focused on monetizing its non-core assets in order to pare its debt.

Lodha Developers' realty with green touch pays off

The project is called The Park and its USP as the name would suggest is a private park. Seven acres for the residents and that is a first for Mumbai. Blue Moon, with two towers, at The Park is completely sold out.

Aman Resorts sale talks not restricted to Adrian Zecha: DLF

In an interview to CNBC-TV18, Ashok Tyagi, chief financial officer, DLF says this, however, does not mean that the deal with Adrain Zecha, who is the owner and founder of the hotel chain, has fallen through.

Won't raise funds; focus remains on core biz: Dewan Housing

CMD Kapil Wadhawan shared no financial details of the DLF deal, but expects it to be value accretive.

FY14 sales target at 8-10 msf; double EBITDA in 3 yrs: DLF

Saurabh Chawla of DLF believes that it was the accounting changes that impacted their earnings. He added that he expected the numbers to go up in the next 12-18 months.

Sale of wind assets in line with company strategy: DLF

Real estate majorDLF has sold its wind assets in Tamil Nadu and Rajasthan for Rs 240 crore, the proceed of which will be used to pare debt of the company.

DLF eyes Rs 7700 cr from projects over 3 yrs, halve debt

Over a period of three years, DLF plans to sale 25-30 million sq ft of projects and generate EBITDA of more than Rs 7700 crore.

Will formulate transparent penalty system soon: CCI

CCI chairman Ashok Chawla discusses, on CNBC-TV18, some of the key decisions taken by the watchdog and adds that the commission has decided to establish a system to ensure a transparent set of guidelines and penalties.

DLF plans 5-6m sq ft new launches ahead, says CFO

Ashok Tyagi, CFO of DLF said they have seen good response to the new launch, Sky Court in new Gurgaon. In the next few months, the realty player is looking to launch 5 to 6 million square feet of projects in the golf course region.

Amanresorts sale to fund debt pay off, says DLF's Chawla

Saurabh Chawla, Executive Director of DLF informed the sale however, would not involve their flagship New Delhi hotel. He also clarified that the money incurred from the deal would be largely utilised to trim its debts.

Lodha land deal to impact debt in current quarter: DLF

Ashok Tyagi, CFO, DLF explains to CNBC-TV18 that the completion of the sale of land to Lodha Developers will significantly reduce the debt in the books of the company.

Debt reduction to continue, FY14 to be better: DLF

Emboldened by the government reform measures, country's largest developer, DLF sees an improvement in business in 2013-14. According to Rajeev Talwar, group executive director of the company, the number of enquiries by customers has increased on the back of policy actions.

DLF plans to reduce net debt by Rs 5000cr in FY13

Ashok Tyagi, chief financial officer of DLF says, we should be able to reduce our debt by an anticipated level of about Rs 5,000 crore in FY13.

Proceeds of Lodha deal to be used to retire debt: DLF

The much speculated sale of DLF's Mumbai textile mill has concluded with the realty major raking in a whopping Rs 2,727 crore for the plot. While DLF's investors might heave a sigh of relief, Lodha Developers will have to increase its debt by Rs 1500 crore to fund this deal.

Closed DLF transaction at an attractive valuation: Lodha

In an interview to CNBC-TV18, Abhisheck Lodha, Promoter & MD of the company said it has closed the DLF transaction at an attractive valuation. Lodha Developers bought prime land in Mumbai for about Rs 2,727 crore from realty major DLF.

CCI penalty may send guilty in frenzy of appeal: Trilegal

Rahul Singh, counsel, Trilegal explains to CNBC-TV18 that the imposition of the penalty on the cement companies guilty of cartelisation by the Competition Commission marks a watershed in the history of regulatory bodies established to check monopolies and unfair trade practices.

Escalation charge ensures customer pays for inflation: DLF

Sriram Khattar, senior executive director of DLF says that the purpose behind introducing the escalation charge was to ensure that the customer pays to the extent of inflation.

Not done anything wrong knowingly: DLF's KP Singh

DLF has not done anything wrong knowingly, says chairman Kushal Pal Singh. However, he admitted that inadvertently mistakes can happen.