Enter the first few characters of Company and click 'Go'

DLF Ltd. Company History and Annual Growth Details

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 $2 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. (ÂJawalaÂ), have entered into an agreement with Lodha Developers Limited (ÂLodhaÂ) for divesting the entire stake of the Company, DLF Cyber City Developers Ltd. and DLF Universal Ltd. in ÂJawalaÂ 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 $300 mn.

2013
-DLF enters into a contract with BLP Vayu to transfer 150 MW wind turbine
-DLF Ltd has inked a definitive Business Transfer Agreement with Goyal MG Gases Private Limited
-DLF Ltd, has completed the sale of its 74 per cent stake in the insurance joint venture with Prudential Financial, Inc. of USA to Dewan Housing Finance Corporation Limited (DHFL) & its group entities

2014
-DLF Ltd has informed that a judgement was passed by the Hon'ble Punjab and Haryana High Court in a writ petition filed before it challenging the acquisition by Haryana Government with respect to 350 acres of land in Wazirabad Village, Gurgaon

2015
-DLF Ltd - DLF Home Developers Ltd. (DHDL), a wholly-owned subsidiary of DLF Ltd , and GIC, Singapore's sovereign wealth fund, have entered into a joint venture to invest in two upcoming projects located in Central Delhi.
-DLF gets Rs 1992 cr from GIC from stake sale in 2 projects
-DLF Ltd is pleased to announce that its Mall complexes in Delhi & Gurgaon are the first in the country to receive the prestigious Five Star rating from British Safety Council

2016
-DLF gains as Sebi gives FPIs green signal to invest in REITs
-DLF receives Residential Property of the Year award
-DLF receives Best Luxury Residential Development

2017
-DLF Limited and GIC enter into DLF Cybercity Developers Limited (DCCDL) Joint Venture.
-DLF gets green nod for Rs 240 cr commercial project in Goa.
-DLF becomes LEED certified provider of green commercial space.

2018

-DLF buys 11.76 acre of land for Rs 15 bn in Gurugram.

-DLF JV with GIC to drive faster growth in development of office, retail space.

-DLF gets green nod to expand Gurugram project at an investment of Rs 14 bn.

2019

-Morgan Stanley has upgraded real estate major DLF to overweight from equal weight and raised target price to INR 269 from INR 201.

-DLF's arm will invest around INR 1500 crore in the next two years on construction of over 3 million sq.ft. office space in Gurugram.

-DLF has settled the entire Rs. 8,700 amount payable to DLF Cyber City Developers Ltd (DCCDL), its joint venture with Singapore- based GIC,

-DLF Earn INR 375 crore rent/year from newcommercial project in gurugram.

2020

-DLF's rental arm DCCDL has agreed to acquire the entire 52% stake of U.S.-based Hines in a premium commercial project in Gurugram for ?780 crore.

-DLF will invest around 30 crore over the next six months to install new air filtration technology in it's office building to provide safe environment to employees of corporate tenants post covid-19

-DLF is the only real estate company from the country to be included in the DJSI.

- The government has approved the proposals of realty major DLF to set up special economic zones (SEZs) for the IT sector in Haryana and Uttar Pradesh.

2021

-DLF Cyber City Developers Ltd (DCCDL), the rental arm of DLF Ltd, has been awarded the USGBC'S LEED Zero Water Certification, which is certified by Green Business Certification Inc.

-DLF completes acquisition of 51.8% stake in Fairleaf.

-DLF Ltd. - DLF Ltd Selected In The Dow Jones Sustainability Indices For Second Time.

2022

-DLF's sales bookings rose 62 per cent year-on-year (YoY) during the April-September period to 4,092 crore on better demand for its housing properties.

-DLF announced an investment of Rs 550 crore to set up a one million sq ft office building for Standard Chartered Global Business Services' campus in Chennai.

2023

-DLF has entered into an agreement with Trident Buildtech, which is developing a slum rehabilitation project in Andheri West.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article