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DLF on the road to recovery

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DLF, was set up in the year 1946, started its early operations in Delhi and later moved to various places like Connaught place, Pantnagar, Mehrauli in Delhi. After some time, it began to expand to various other places outside Delhi like Gurgaon. They began to have huge apartments and independent houses.
As per the source saying at www.propertykhazana.com DLF was doing well till 2009, after the economic meltdown, it was severely affected. People were forcibly asked to leave lucrative jobs and they were not able to concentrate on purchasing the houses. It began to face various problems from other real estate players and customers. However, the scenario has changed now and the government is trying to confiscate the rates and other hurdles which affect the real estate sector and housing sector. The government is assisting the real estate players like the DLF to expand its horizons and offer something new to the customers.
Rajeev Talwar, Group ED of DLF disclosed at the www.propertykhazana.com that “People are interested in purchasing new houses and situations are improving”. Furthermore, the banks like ICICI, HDFC, IDBI and host of other players are trying their best to keep the interest rates low and make life easy for customers. The director also feels that as long as the people have got jobs in hand, and the job is secured, they will try to invest in real estates. DLF has been instrumental in setting up housing projects and societies in many parts of India like Bengaluru, Chennai, Kolkata, Delhi and host of other places. DLF is slowly but steadily selling non core business to other players. So that it can concentrate on real estates. Real estate is the booming sector at present. For more and latest real estate updates follow us at www.propertykhazana.com.
Source: NBTVLIVE

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