Sunday, December 14, 2008

DLF cuts target by a third due to property slump

DLF Ltd, the largest real estate developer, has cut its current fiscal deliverable targets by about 33% following the deterioration in the housing and commercial property market.

The company is now expecting to deliver 15 million square feet (msf) against a guidance of 22-24 msf at the beginning of this fiscal.
To read more, please, visit - DNA

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