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With reference to the earlier intimations dated September 02, 2015 and November 16, 2015 wherein the Company had informed that DLF Home Developers (DHDL), a wholly-owned subsidiary of DLF and GIC, Singapore’s sovereign wealth fund have signed an agreement to enter into a joint venture to invest in two upcoming projects located in Central Delhi. DLF has now informed that subsequent to receipt of CCI approval and having met other pre-closing conditions, the funding for the above said transaction has been concluded on December 23, 2015 with the receipt of Rs 1,992 crore from GIC, Singapore’s sovereign wealth fund.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Lodha Developers 1091.00
Prestige EstatesProj 1410.05
Dilip Buildcon 402.25
DLF 644.35
Oberoi Realty 1705.00
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