DLF (company)

History

DLF's first residential project was Krishna Nagar in East Delhi, which was completed in 1949. Subsequently, the company developed 21 colonies in Delhi, including Model Town, Rajouri Garden, Punjabi Bagh, South Extension, Greater Kailash, Kailash Colony and Hauz Khas. The passage of Delhi Development Act in 1957 was the first serious challenge to company's growth. The Act meant that the government would assume control of all real estate development activities in the city.

As a result, DLF decided to move beyond Delhi and focused on the suburb of Gurgaon in Haryana, which had the potential for development of residential and commercial properties. As DLF started to acquire land under the leadership of Chairman K.P. Singh, Gurgaon embarked on a period of rapid growth.

A 58 crore deal was cancelled between DLF and Robert Vadra by IAS officer Ashok Khemka.

Sponsorship

In 2008, DLF became the title sponsor of the Indian Premier League, a newly formed Twenty20 cricket league. DLF paid close to for the five-year sponsorship deal. The deal ended in the 2012 version of the season, wherein it was taken over by PepsiCo.

Beyond buildings

Haryana Urban Development Authority (HUDA) and DLF, in a 50:50 joint venture, have completed work on a 16-lane, 10.5 km road network in Gurgaon. This stretch from NH8 Toll Plaza to Sector 55/56 in Gurgaon with six underpasses, one flyover and freeways has improved traffic management in the city. To create this infrastructure facility, DLF had engaged Parsons Brinckerhoff for project management consultancy and construction work had been awarded to IL&FS.

Controversies

In August 2011, a penalty of was imposed on DLF by the Competition Commission of India (CCI) after finding DLF guilty of breaching laws regarding the unfair pricing of goods and services. The complaint was lodged against DLF by buyers in its residential projects Belaire & Park Place, located in Gurgaon. In February 2015, the CCI ordered its investigative arm to probe two more projects of DLF in Gurgaon, namely, DLF Regal Gardens and DLF Skycourt.

DLF land grab case pertains to the alleged illegal acquisition of 50 acres of land in Amipur village, Haryana, back in 2013, during Bhupinder Singh Hooda's tenure as Chief Minister under the Congress government. This matter has led to an investigation by the Central Bureau of Investigation involving Robert Vadra, Bhupinder Singh Hooda, and the DLF, as of around December 2017. DLF fined for late possession of flat in Kakkanad

Constructed buildings

File:DlfibmkolkataITTechPark.jpg|DLF IBM Kolkata (Tech Park) File:DLFKolkataIBM.jpg|DLF IT Tech Park (IBM Kolkata) File:DLF Cybercity Chennai.jpg|DLF Cybercity Chennai File:DLF Epitome Tower, DLF Phase 3, Gurugram.jpg|alt=DLF Epitome Tower, Gurugram|DLF Epitome Tower, Gurugram File:DLF_Cyber_City,_DLF_Phase_2,_Sector_24,_Gurgaon,_Haryana_122021,India-_panoramio.jpg|DLF Cyber City, Gurgaon

References

References

1. "Stock share price of DLF Limited". BSE India.
2. "DLF: Leading Real Estate Company in India".
3. "DLF Ltd.".
4. Sekar, Sunitha. (21 March 2013). "DLF residents list litany of broken promises". The Hindu.
5. Reddem, Appaji. (25 January 2014). "DLF demand may put State in a fix". The Hindu.
6. [http://www.indianexpress.com/story/33122.html IndianExpress.com :: Is India's largest IPO going to change the Sensex stakes?].
7. "DLF seeks land allotted to Gaming City in Hyderabad".
8. "DLF Ltd (DLF.NS)". Reuters.
9. "DLF leased 3 million sq ft office space in 2013-14". news.biharprabha.com.
10. (2020-10-22). "StanChart GBS leases 7.7 lakh sq-ft at DLF's Chennai project for office campus".
11. (15 October 2014). "DLF's KP Singh: Meet the man who built Gurgaon out of nothingness". The Times Of India.
12. ([http://www.thehindu.com/todays-paper/tp-features/tp-opportunities/gurgaonmillennium-city/article2451662.ece])
13. "58-crore deal between DLF and Robert Vadra cancelled by IAS officer Ashok Khemka".
14. (13 February 2009). "#98 Kushal Pal Singh - The World's Billionaires 2009". Forbes.com.
15. (11 April 2015). "Haryana CM inaugurates DLF-HUDA flyover". Business Standard India.
16. "DLF, HUDA to jointly build 16-lane corridor in Gurgaon".
17. (16 August 2011). "DLF hit with 6.3 billion rupees anti-competition fine". Reuters.
18. "Main Order: Informants Belaire Owners Association vs DLF & Ors".
19. "DLF Regal Gardens".
20. "DLF Skycourt".
21. "CCI orders fresh probe against DLF". The Hindu.
22. (2018-02-04). "Manesar land scam: Long battle awaits Bhupinder Singh Hooda as shady deals return to haunt former Haryana CM".
23. Dixit, Sweta. (2025-08-23). "DLF told to pay buyer for late flat handover in Kakkanad".