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    DLF is constructing new properties using internal accruals, says Saurabh Chawla, group CFO

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    DLF is constructing new properties using internal accruals, says Saurabh Chawla, group CFO

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    India’s largest realty firm, DLF, on Monday said it's targeting net debt zero position by end of this fiscal year.

    India’s largest realty firm, DLF, on Monday said it's targeting net debt zero position by end of this fiscal year.
    Speaking to CNBC-TV18, Saurabh Chawla, group Chief Financial Officer, DLF, said the company has changed the business model.
    "We will not be doing any pre sales. Even if it's to be treated as debt, it will not matter, because we will be constructing our new properties using internal accruals," Chawla said.
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