as bse 532868 nse dlf bse sensex constituent industry real estate founded 1946 founder ch . raghvendra singh headquarters new delhi india key people kushal pal singh chairman rajiv talwar chief executive officer mohit gujral chief executive officer rajiv singh vice chairman products offices apartments shopping malls hotels golf courses infrastructure revenue 1.87 billion 2012 net income 220 million 2012 number of employees 11 495 website www.dlf.in dlf limited delhi land & finance 1 is the largest commercial real estate developers in india and the owner is kushal pal singh . it was founded by chaudhary raghvendra singh 2 in 1946 and is new delhi india based . 3 dlf developed residential colonies in delhi such as shivaji park their first development rajouri garden krishna nagar south extension greater kailash kailash colony and hauz khas . dlf builds residential office and retail properties . 4 5 with the passage of delhi development act in 1957 the local government assumed control of real estate development in delhi and banned private real estate developers . as a result dlf began acquiring land at relatively low cost outside the area controlled by the delhi development authority in the district of gurgaon in the adjacent state of haryana . in the mid 1970s the company started developing their dlf city project at gurgaon . its plans include hotels infrastructure and special economic zones related development projects . dlf it tech park ibm kolkata the company is headed by kushal pal singh . kushal pal singh according to the forbes listing of richest billionaires in 2009 was the 98th richest man in the world and the world s richest property developer . the company s us 2 billion ipo in july 2007 was india s biggest ipo in history . 6 in its first quarter results for the period ending 30 june 2007 the company reported a turnover of 31.2098 billion us 460 million and profits after taxes of 15.1548 billion us 230 million . 7 as of march 31 2012 the company had a 1 380 square feet of leased retail space across the country . 8 in 2013 14 it leased out 3 million sq ft of office space in india . 9 in august 2011 a penalty of 6.3 billion us 94 million was imposed on dlf by the competition commission of india cci 10 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 . 11 dlf has paid part of the penalty and the matter is currently in the supreme court of india . 12 in february 2015 the cci ordered its investigative arm to probe two more projects of dlf in gurgaon namely dlf regal gardens 13 and dlf skycourt . 14 15 contents 1 income 2 history 3 sponsorship 4 beyond buildings 4.1 dlf huda expressway 5 see also 6 references income edit dlf has about 25 million sq ft of leased office space spread across gurgaon hyderabad kolkata chandigarh and chennai which generates a rental of about rs 1 950 crore every year and supports rs 19 000 crore of the company s debt . 16 dlf has leased office space to samsung and about 1 lakh sq ft office space to some other companies including executive centre and corporatedge office facilities . 17 history edit 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 some in the 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 . 18 as a result dlf decided to move beyond delhi and zeroed in on the suburb of gurgaon in haryana . 19 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 . 20 the land purchase program adopted a humane approach so that the sellers do not feel short changed . to this effect dlf partnered with farmers so that they also got a share in profits . dlf acquired and created a land bank and then sold plots to buyers after demarcation . the profits from the sales were subsequently shared with farmers which encouraged more farmers to come forward and partner with dlf . 21 a 58 crore deal was cancelled between dlf and robert vadra by ias officer ashok khemka 22 sponsorship edit dlf ibm kolkata tech park in 2008 dlf became the title sponsor of the indian premier league a newly formed twenty20 cricket league . dlf paid close to 2 billion us 30 million for the 5 year sponsorship deal . 23 the deal ended in the 2012 version of the season ; wherein it was taken over by pepsico inc. it is now called the vivo ipl . beyond buildings edit dlf huda expressway edit haryana urban development authority huda and dlf in 50 50 cost sharing has commenced the work for 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 will substantially improve traffic management in the city . 24 to create this infrastructure facility dlf has engaged parsons brinckerhoff for project management consultancy and construction work has been awarded to il & fs . 25 see also edit sobha ltd. prestige group references edit aman exit heralds delhi property focus at dlf corporate india . bloomberg . 2012 12 21 . chaudhary raghvendra singh life journey dlf ltd. pdf . retrieved 2010 07 17 . sekar sunitha 2013 03 21 . dlf residents list litany of broken promises . the hindu . chennai india . reddem appaji 2014 01 25 . dlf demand may put state in a fix . the hindu . chennai india . indianexpress.com is india s largest ipo going to change the sensex stakes . dlf seeks land allotted to gaming city in hyderabad business line dlf ltd dlf.ns . reuters . retrieved 2013 03 23 . dlf leased 3 million sq ft office space in 2013 14 . ians . news.biharprabha.com . retrieved 24 april 2014 . dlf hit with 6.3 billion rupees anti competition fine . reuters . 2011 08 16 . retrieved 23 january 2015 . main order informants belaire owners association vs dlf & ors pdf . competition commission of india . retrieved 23 january 2015 . sc to hear dlf appeal over rs .630 crore penalty in february . business standard . retrieved 23 january 2015 . dlf regal gardens . dlf skycourt . cci orders fresh probe against dlf . the hindu . retrieved 15 february 2015 . dlf to sell 30 acre land for rs 550 crore to further reduce debt . the times of india . 2014 07 22 . dlf leases office space in gurgaon to samsung . the times of india . 2016 03 07 . 1 . dlf s kp singh meet the man who built gurgaon out of nothingness . the times of india . 2014 10 15 . 2 3 http www.ndtv.com cheat sheet 58 crore deal between dlf and robert vadra cancelled by ias officer ashok khemka 501911 98 kushal pal singh the world s billionaires 2009 . forbes.com . 2009 02 13 . retrieved 2010 01 21 . 4 5 companies portal v t e major indian companies economy of india list of companies of india automotive ashok leyland bajaj auto eicher motors hero motocorp hindustan motors mahindra & mahindra tafe tata motors tvs aerospace and defence bharat electronics drdo hal ordnance factories conglomerates aditya birla adani avantha bajaj bharti essar essel gmr godrej gvk hinduja itc jaypee jindal kirloskar jsw l & t lanco mahindra muthoot murugappa ramoji reliance adag reliance rpg sahara shapoorji pallonji sun tata tvs torrent ub videocon wadia civil aviation air india indigo jet airways consumer goods and retail britannia industries dabur flipkart future group godrej consumer hindustan unilever itc nirma reliance retail tata global beverages energy and natural resources bharat petroleum cairn india chennai petroleum coal india gail essar oil hindustan petroleum indian oil corporation l & t national aluminum nhpc nmdc nlc ntpc oil india ongc power finance power grid rinl reliance infrastructure recl sci sesa goa suzlon energy tata power finance andhra bank axis bank bank of baroda bank of india canara bank central bank of india hdfc bank icici bank idbi bank ing vysya bank jammu & kashmir bank kotak mahindra bank lic mudra bank muthoot finance ltd punjab national bank sbi tamilnad mercantile bank union bank of india yes bank healthcare pharmaceutical & biotech aurobindo pharma cadila healthcare cipla glenmark pharmaceuticals dr. reddy s idpl iil lupin sun pharmaceutical manufacturing and heavy industries acc ambuja apollo tyres bengal chemicals and pharmaceuticals bhushan bhel dlf gammon india havells hcc hindalco india cements jindal steel jsw mrf sail tata steel ultratech information technology hcl technologies infosys tata consultancy services tech mahindra wipro media sun group the times group living media telecommunications aircel airtel bsnl idea cellular micromax mobile mtnl reliance communications tata communications benchmark fy 2015 16 revenues of over us 1 billion v t e cnx nifty companies of india acc ambuja cements asian paints axis bank bajaj auto bank of baroda bhel bpcl bharti airtel cairn india cipla coal india dlf dr. reddy s laboratories gail grasim industries hcl technologies hdfc hdfc bank hero motocorp hindalco industries hul infosys icici bank idfc indusind bank ltd. itc limited jindal steel and power kotak mahindra bank l & t lupin mahindra & mahindra maruti udyog nmdc ntpc ongc power grid corporation pnb reliance industries sesa sterlite limited sbi sun pharmaceutical tcs tata motors tata power tata steel tech mahindra ultratech cement wipro zee entertainment enterprises retrieved from https en.wikipedia.org w index.php title dlf company & oldid 743900482 categories companies based in new delhireal estate companies of indiabse sensexcnx nifty navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk 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