DLF’s wholly-owned subsidiary - DLF Home Developers (DHDL), has entered into a joint venture (JV) with GIC, Singapore’s sovereign wealth fund, 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 1,990 crore. The JV is expected to benefit from GIC’s experience of investing in integrated developments across the globe.
DLF is one of India’s largest real estate companies that has over 60 years of track record of sustained growth, customer satisfaction, and innovation. The company has 288 million square feet (approximately) of development potential with 45 million square feet of projects under construction.
