DLF hopes to be debt-free by March 2019 with land monetisation plan

Equity analysts have been asking for more visibility into plans to develop holdings of about 235 million square feet

India’s largest property developer DLF Ltd. will share details of plans to develop its land parcels, as it seeks to allay concerns about the slow pace of monetization of assets.

The company will provide investors guidance on new residential projects and the cash flow expected from these developments after announcing earnings for the March quarter, Chief Financial Officer Saurabh Chawla said in an interview in Gurugram, near New Delhi. “We have to communicate to the market the monetization plan of our large land bank.”

Equity analysts have been asking for more visibility into plans to develop holdings of about 235 million square