Business Standard

After NCR, DLF to delve into Mumbai, Chennai residential-property markets

The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt.

DLF
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DLF in 2012 sold 17 acres of prime land in Mumbai to Lodha Developers for about Rs 2,700 crore

Raghavendra Kamath MUMBAI
DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR).
 
The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt.
 
“We have completed and delivered our projects across the country in Chennai, Bengaluru, Kolkata, Kochi, Indore, Lucknow, and Chandigarh Tricity. We are in the process of evaluating the best development plans for the residual land parcels in some of these cities and will plan launches accordingly, in

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