PROPERTY DEVELOPER

  • DLF board to discuss share sale on Wednesday March 5, 2013

    Mumbai: DLF, India's biggest property developer, said its board of directors will meet on Wednesday to consider the sale of shares to institutional and retail investors to comply with the minimum public shareholding rules. DLF, 78.58 per cent owned by its founders, is seeking shareholder approval for a share sale by...
  • DLF to sell Amanresorts in $300 million deal December 19, 2012

    Mumbai: India's biggest property developer will sell its Amanresorts luxury hotel chain back to original Indonesian owner Adrian Zecha for an enterprise value of around $300 million, the company said. The deal does not include Lodhi Hotels, Amanresorts' flagship property in New Delhi, and is expected to be completed by the...