DLF Limited
DLF Limited, a leading real estate company founded in 1946, operates residential, commercial, and retail properties across India, with headquarters in Gurugram, Haryana.
Company Overview
DLF Limited operates in the Real Estate industry and was founded in 1946. With a team size of 5,288, it is classified as a very large enterprise. The company is headquartered in Gurugram, Haryana, India, and describes its mission as 'Building India.' DLF specializes in real estate development, focusing on residential, commercial, and retail properties across 15 states and 24 cities in India.
History
DLF Limited began its journey with the creation of 22 urban colonies in Delhi. In 1985, the company expanded into Gurugram, developing living and working spaces tailored for new Indian global professionals. Over the years, DLF has built a reputation for delivering significant real estate projects, including the world’s first Platinum certified community under LEED, DLF Cyber City Gurugram.
Sustainability Initiatives
DLF Limited has made notable strides in sustainability, holding 45 LEED Zero Water certifications, the highest for any developer globally. DLF Cyber City Hyderabad is recognized as India's first LEED Zero Waste certified project. The company has also established a rental portfolio exceeding 40 million square feet of LEED Platinum certified space, demonstrating its commitment to environmentally responsible development.
Corporate Social Responsibility
DLF Foundation, established in 2008, serves as the corporate social responsibility arm of DLF Limited. The foundation has supported over 2,000 students from low-income families since 2011 and has partnered with hospitals to vaccinate over 30,000 individuals across five states during the COVID-19 pandemic. Additionally, it has undertaken greening initiatives, creating green belts along public roads in Gurugram, Delhi, and Hyderabad.
Financial Performance
DLF Limited reported record sales of properties worth Rs. 6,404 crore during a recent quarter, driven by strong housing demand. The company experienced a 23% increase in consolidated profit, reaching Rs. 1,645.61 crore in the first quarter of the fiscal year. Its rental arm also showed growth, with an 11% annual increase in office rental income, totaling Rs. 942 crore.