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DLF to debut in the Hospitality Industry

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DLF was the company established in the year 1946. It started in Delhi and later moved to various places in Delhi. It began to develop into a real estate giant. It rose to stardom five years ago when it came out as a major sponsor for IPL season. Today, DLF has got branches in Delhi, Gurgaon, Middle East nations and host of other countries.
DLF, which is India’s biggest real estate developer, wants to make its name in the hospitality industry. It is trying to venture into many resorts and hotel industries. It is trying to venture into markets in India as well as abroad to obtain the best deals, added the source at www.propertykhazana.com. DLF has come out of recession successfully. Now, it is trying to venture into hospitality sector. DLF is in the process of launching three hotel properties in Delhi and it is trying to expand the existing resorts like the Aman resorts which it acquired in the year 2007.
DLF has got $200 million in its account. It is also said that DLF is richer than the Indian Government. It plans to purchase some properties in the coming years. They are aspiring to enter in to the regions like south East Asia like Thailand, Laos and host of other nations. This company wants to introduce some schemes to raise money. It is doing well in stocks and shares. DLF is trying to concentrate on the hospitality sector, because the housing sector is not that promising these days. It is able to reap the benefits to a large extent.
Anshuman Magazine chairman said to the www.propertykhazana.com, “Real estate companies must try to focus on sectors other than housing because it will give them the boost to grow and rise above the rest.” He stress on the fact that the real estate business in Europe is very slow to act. The funds of DLF has improved considerably to such an extent that it can now target other sectors. This is also because the position of DLF in the domestic markets has also improved, making it the No. 1 player in the real estate business. For more and latest real estate updates follow us at www.propertykhazana.com.
Source: NBTVLIVE

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