DLF’s rental arm, DCCDL, successfully raised Rs 1,100 crore through a private placement of non-convertible debentures at a 6.91% coupon rate. This funding comes as the joint venture, which holds 44 million sq ft of commercial spaces, reported a 26% increase in net profit to Rs 593 crore in the June quarter.
Supreme Court allows conditional OCs for over 450 flats in Noida Sports City
The Supreme Court has directed Noida Authority to issue conditional occupancy certificates for six residential towers in Sector 150’s Godrej Nest project, offering partial relief to over 450 families. This…