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DLF Home Developers and GIC enter into joint venture

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Capital Market
Last Updated : Sep 02 2015 | 10:01 AM IST

For investing in two upcoming realty projects in Central Delhi

DLF announced that its wholly owned subsidiary, DLF Home Developers and GIC, Singapore's sovereign wealth fund, have entered into a joint venture to invest in two upcoming projects located in Central Delhi. Both projects will be developed under DHDL. GIC will invest a sum of approximately Rs 1990 crore. The JV is expected to benefit from GIC's experience of investing in integrated developments across the globe

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First Published: Sep 02 2015 | 9:36 AM IST

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