DLF Limited, formerly known as Delhi Land and Finance, is one of India’s largest real estate developers with a rich history and significant presence in Gurgaon, now known as Gurugram. Founded in 1946 by Chaudhary Raghvendra Singh, DLF has played a pivotal role in the evolution of India’s urban landscape, particularly in the National Capital Region (NCR).
Here’s a look at the history and establishment of DLF in Gurgaon:
Early years: The journey of DLF began in the aftermath of Indian Independence, when Chaudhary Raghvendra Singh acquired acres of land in Delhi to develop residential colonies. The company initially focused on developing residential properties in Delhi, thereby laying the foundation for its future expansion and success.
Entry into Gurgaon: In the 1970s, DLF recognized the potential of Gurgaon as a booming industrial and residential hub due to its proximity to Delhi and favorable infrastructure. DLF has strategically acquired large tracts of land in Gurgaon, laying the foundation for its transformation into one of India’s major satellite cities.
Iconic Projects: Over the decades, DLF has played a pivotal role in the development of Gurgaon, leading the creation of iconic commercial and residential projects that have redefined the city’s skyline. Some of DLF’s flagship projects in Gurgaon include DLF Cyber City, DLF Cyber Hub, DLF Cyber Park, DLF Phase I-IV, DLF City Center, DLF Golf Course and DLF Emporio, among others.
Infrastructure Development: Apart from real estate development, DLF has also contributed significantly to improving infrastructure in Gurgaon. The company has invested in the development of roads, utilities, transport networks and social amenities, thereby catalyzing the growth of Gurgaon into a modern and cosmopolitan city.
Corporate Parks and SEZs: DLF has been instrumental in establishing corporate parks and Special Economic Zones (SEZs) in Gurgaon, attracting multinational corporations and leading Indian companies to set up their offices and operations in the city. DLF Cyber City, in particular, has emerged as a prominent business district, home to many IT/ITES companies, multinational corporations and commercial establishments.
Residential Developments: DLF has developed a diverse portfolio of residential projects in Gurgaon, ranging from high-end condominiums and luxury villas to affordable housing complexes. These projects are characterized by their world-class amenities, innovative design and adherence to quality standards, meeting the diverse needs and preferences of home buyers.