DLF Ltd logo

DLF Ltd

NSE: DLF BSE: 532868

₹657

-6.25 (0.94%)

Sun, 25 Oct 2026, 06:43 pm

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Market Cap (in Cr)161773.98
PE Ratio35.61
Dividend1.22
FinanceFinance
Real Estate DevelopmentReal Estate Development
24.5K24.5K

DLF Ltd Company History

1963

1963

  • Incorporation of American Universal Electric (India) Ltd

1979

1979

  • DLF United Limited amalgamates with American Universal Electric (India) Limited to form DLF Universal Electric Limited

1981

1981

  • DLF Universal Electric Limited changes name to DLF Universal Limited
  • DLF Universal Limited obtains its first licence from the State Government of Haryana and commences development of the 'DLF City' in Gurgaon, Haryana

1985

1985

  • Initiated plotted developments, sold the first plot in Gurgaon, Haryana
  • Consolidated the development of DLF City for township development

1991

1991

  • Construction of the first office complex, 'DLF Centre', at New Delhi

1993

1993

  • Completion of the first condominium project, 'Silver Oaks', at DLF City, Gurgaon, Haryana

1996

1996

  • Construction of 'DLF Corporate Park', the first office complex at DLF City, Gurgaon, Haryana

1999

1999

  • Development of the DLF golf course

2000

2000

  • The Scheme of Merger/Amalgamation of DLF Industries Limited with DLF Universal Ltd came into effect on 09.10.2000

2002

2002

  • DLF ventures into retail development in Gurgaon, Haryana
  • DLF offers integrated family entertainment centers with the commencement of operation of 'DT Cinemas' at Gurgaon, Haryana

2003

2003

  • Development of 'DLF Cybercity', an integrated IT park measuring approximately 90 acres at Gurgaon, Haryana

2005

2005

  • Acquisition of 16.62 acres of mill land in Mumbai
  • Received 'Corporate Buildings Award' from Indian Architect and Builder
  • Received 'Superbrand' award from Hon'ble Minister for Civil Aviation, Mr. Praful Patel

2006

2006

  • Construction joint venture signed between DLF Universal Limited and U.K. based Laing O'Rourke Plc to form DLF Laing O'Rourke (India) Limited
  • DLF Universal Limited changes name to DLF Limited
  • Alliance agreement signed between DLF and Hilton International Co to incorporate a joint venture company in India
  • DLF enters into a joint venture with WSP Group Plc for engineering and design services

2007

2007

  • DLF enters into a joint venture with Prudential Insurance to establish a joint venture company to undertake life insurance business in India
  • DLF launches $2 bn issue
  • The US-based Hilton Hotels Corporation will develop 10 hotel projects in the country in alliance with DLF Ltd
  • Company changes its name from DLF Universal Ltd to DLF Ltd

2008

2008

  • DLF inked a memorandum of understanding with Gayatri Projects Ltd to develop roads, highways and bridges
  • DLF Ltd and the Tamil Nadu Industrial Development Corporation have forayed into an alliance agreement for a Rs 1,500-crore Information technology Special Economic Zone
  • DLF commences operations of India's first Luxury Mall - Emporio
  • DLF clinches the Title Sponsorship of IPL

2009

2009

  • DLF Ltd launched Capital Greens, the Largest private sector residential project in Delhi
  • Foundation stone laid for DLF-IL&FS Metro In Gurgaon
  • DLF conferred Best Global Developer Award, 2009 by Euromoney
  • DLF sells DT Cinemas, enters into a long term strategic alliance with PVR

2010

2010

  • DLF Ltd launched plots in Gurgaon after a decade, creating a new suburb-'New Gurgaon'
  • DLF Ltd announced the launch of the first phase of its 200-acre project in Panchkula with an investment of nearly Rs 2,200 crore
  • DLF launched ultra-rich homes in Shimla and Goa
  • DLF sold 150 plots, garnering over Rs 500 crore, in a township project at Gurgaon
  • DLF launched a 100-acre township 'Alameda' in Gurgaon

2011

2011

  • DLF Ltd delivered Delhi's first Automated Car Parking in Sarojini Nagar
  • DLF Pramerica Life Insurance hired over 3,000 additional financial advisors
  • DLF Ltd decided to sell off the property in Gurgaon to minimise debt
  • DLF's arm DLF Hotel Holdings Ltd acquires 26% stake from Aro Participation Ltd and Splendid Property Company Ltd
  • DLF and Hubtown sold 100 per cent of their respective share holding in DLF Ackruti Info Parks to private equity fund Blackstone for Rs 810 crore

2012

2012

  • DLF Ltd launched an 8.3km expressway project in Gurgaon
  • DLF delivered Delhi's second Automated Car Parking in Connaught Place, New Delhi
  • DLF sells hotel subsidiary Adone Hotels and Hospitality Limited for Rs 567 crore
  • DLF exited the five year long alliance as IPL sponsor
  • DLF entered into an agreement with Lodha Developers Limited to divest the entire stake in Jawala Real Estate Pvt Ltd for an enterprise value estimated to be Rs 2700 crores
  • DLF promoter Pia Singh offloads 1.04-cr shares in DLF to other promoters
  • DLF inks definitive agreement to sell Amanresorts for $300 mn

2013

2013

  • DLF enters into a contract with BLP Vayu to transfer 150 MW wind turbine
  • DLF Ltd inked a definitive Business Transfer Agreement with Goyal MG Gases Private Limited
  • DLF Ltd completed the sale of its 74 per cent stake in the insurance joint venture with Prudential Financial to Dewan Housing Finance Corporation Limited

2014

2014

  • A judgement was passed by the Hon'ble Punjab and Haryana High Court in a writ petition filed challenging the acquisition by Haryana Government with respect to 350 acres of land in Wazirabad Village, Gurgaon

2015

2015

  • DLF Home Developers Ltd and GIC have entered into a joint venture to invest in two upcoming projects located in Central Delhi
  • DLF gets Rs 1992 cr from GIC from stake sale in 2 projects
  • DLF's Mall complexes in Delhi and Gurgaon receive the prestigious Five Star rating from British Safety Council

2016

2016

  • DLF gains as Sebi gives FPIs green signal to invest in REITs
  • DLF receives Residential Property of the Year award
  • DLF receives Best Luxury Residential Development

2017

2017

  • DLF Limited and GIC enter into DLF Cybercity Developers Limited Joint Venture
  • DLF gets green nod for Rs 240 cr commercial project in Goa
  • DLF becomes LEED certified provider of green commercial space

2018

2018

  • DLF buys 11.76 acre of land for Rs 15 bn in Gurugram
  • DLF JV with GIC to drive faster growth in development of office and retail space
  • DLF gets green nod to expand Gurugram project at an investment of Rs 14 bn

2019

2019

  • Morgan Stanley upgraded real estate major DLF to overweight from equal weight and raised target price to INR 269 from INR 201
  • DLF's arm will invest around INR 1500 crore in the next two years on construction of over 3 million sq.ft. office space in Gurugram
  • DLF settled the entire Rs. 8,700 amount payable to DLF Cyber City Developers Ltd
  • DLF earns INR 375 crore rent/year from new commercial project in Gurugram

2020

2020

  • DLF's rental arm DCCDL acquired the entire 52% stake of U.S.-based Hines in a premium commercial project in Gurugram for 780 crore
  • DLF will invest around 30 crore to install new air filtration technology in its office building
  • DLF is the only real estate company from the country to be included in the DJSI
  • The government approved DLF's proposals to set up special economic zones for the IT sector in Haryana and Uttar Pradesh

2021

2021

  • DLF Cyber City Developers Ltd was awarded the USGBC'S LEED Zero Water Certification
  • DLF completes acquisition of 51.8% stake in Fairleaf
  • DLF Ltd was selected in the Dow Jones Sustainability Indices for the second time

2022

2022

  • DLF's sales bookings rose 62 per cent year-on-year during the April-September period to 4,092 crore
  • DLF announced an investment of Rs 550 crore to set up a one million sq ft office building for Standard Chartered Global Business Services' campus in Chennai.

2023

2023

  • DLF has entered into an agreement with Trident Buildtech to develop a slum rehabilitation project in Andheri West.
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