DLF to launch housing projects with Rs 74K cr sales potential in mid term

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DLF to launch housing projects with Rs 74K cr sales potential in mid term - Business Standard

Quick Summary:

These commercial assets will be developed under DLF, DLF Cyber City Developers (DCCDL)—a joint venture (JV) between DLF and Singapore’s sovereign wealth fund GIC—and the company’s JV with United States-based Hines, Atrium Place.

Of this, luxury projects form the largest share at 26 msf, with a total sales potential of Rs 68,400 crore.

The company will also invest Rs 20,000 crore to complete already launched residential projects covering 7.5 msf, as per the presentation.