dlf

DLF

About:

DLF Gurugram, enjoys strategic location with easy access to major roads, including National Highway 48 (NH-48) for seamless connectivity to Delhi, Jaipur, and nearby cities. Plus, the nearby Sector 55-56 Rapid Metro station connects to Delhi Metro, while public buses and auto-rickshaws offer affordable commuting options.DLF Limited is a major real estate development company based in New Delhi, India. Founded by Chaudhary Raghvendra Singh in 1946, it has built residential, office, and retail properties, including projects in Delhi and Gurgaon. Rajiv Singh is the current chairman, and Kushal Pal Singh, Chairman Emeritus, is one of India's richest billionaires. DLF had India's largest IPO in July 2007 and continues to expand its retail and office spaces. It faced penalties from the Competition Commission of India in 2011 and 2015 for pricing violations in its residential projects.

History:

DLF's journey began with the completion of its first residential project, Krishna Nagar, in East Delhi in 1949. It then went on to develop 21 colonies in Delhi, including Model Town, Rajouri Garden, Punjabi Bagh, South Extension, Greater Kailash, Kailash Colony, and Hauz Khas. However, the Delhi Development Act of 1957 posed a significant challenge by transferring control of real estate development to the government.In response, DLF shifted its focus to Gurgaon, Haryana, a promising area for residential and commercial development. Under the leadership of Chairman K.P. Singh, DLF adopted a compassionate approach in land acquisition, partnering with farmers to ensure they shared in the profits. This approach led to the creation of a land bank, the demarcation of plots, and the sale of land to buyers with profits shared with the farmers.Notably, a ₹58 crore deal between DLF and Robert Vadra was canceled by IAS officer Ashok Khemka.

Famous Projects:

DLF is one of the leading developers in Gurgaon, and they have launched several new projects in the city.Some of the top residential projects are The Crest, Magnolias, Aralias Camellias, Ultima, Skycourt, and Regal Garden etc. Along with that some of the Commercial projects includes DLF Plaza Tower, DLF Horizon Tower, DLF Cyber Park, DLF Downtown, etc.

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