Rental Business

DLF’s rental portfolio has operating assets of about 43-44 million square feet (msf) - which includes office parks, IT/ITeS SEZs, retail spaces and hospitality ventures.

Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!

A niche growing movement in luxury is asking people to eschew fast fashion in favour of secondhand clothing, accessories, even cars, either by renting it or buying pre-owned. 

DLF promoters scout for $2bn investment in rental biz: Sources

Sources have told CNBC-TV18 that DLF is looking to raise about USD 2 billion through a stake sale in its rental arm that has about 27 million square feet of developed real estate, along with potential for another 20 million square feet development.

SC allows DLF to proceed with stake sale in rental arm

Market regulator Sebi argued that the company should not be allowed to hive off assets as the matter pertaining to alleged non-disclosure during the 2007 initial public offer (IPO) is still pending.

DLF to earn Rs 3,000 cr from rental biz in FY18: Elara Cap

The company on Thursday decided to sell 40 percent in the company's rental arm DLF Cyber City Developers for an estimated Rs 14,000 crore to institutional investors.

DLF to raise $1.5-2 bn from rental biz asset sale

The proceeds from the same will also be used to halve its debt.

DLF asks ind directors for ways to grow Rs 2K cr rental biz

DLF's rental income from commercial properties, including offices and shopping malls, was Rs 1,950 crore last fiscal. It is targeting 8 per cent growth in the rental business this fiscal to Rs 2,100 crore.