The real estate sector has long been reeling due to a slowdown and oversupply. So much so, developers have been continuously selling their landholding to bring down debt. Reports suggest that the promoters of DLF would be infusing Rs.10,000 crore in the company by selling a 40% stake in the rental arm — DLF Cyber City Developers Limited (DCCD) — for an estimated Rs.12,000 crore.
Feature
Slow Work in Progress
Despite its restructuring efforts, DLF is struggling because of poor cash flow
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