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Feb 22, 2015

Has DLF really sold its Luxury Hotel Chain Aman Resorts for 300 Million Dollars?

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    Feb 22, 2015

    Yes, DLF has sold its Luxury Hotel Chain Aman Resorts for 300 Million Dollar to the founder Adrian Zecha in December 2012. However, DLF will continue to be the owner of this hotel. By selling Aman Resorts, DLF has almost exited the non-core ventures such as hotels, so that it could focus completely on reality.  The sale of Aman Resorts is said to be the second biggest sale by the company. Back in August 2012, DLF sold out 17-acre primary location land to Lodha Developers in Mumbai for 2727 crore Rupees.

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