PE-RE Fund Investments

GIC in JV with DLF to develop residential project in Delhi

Economic Times  

DLF Home Developers Ltd (DHDL), a JV of Gurgaon-based developer DLF Ltd and Singapore's sovereign wealth fund GIC, will develop over 900 luxury apartments at West Delhi's Moti Nagar. With a revenue potential of close to INR 4,000 crore, ONE Midtown has 4 towers with 39 floors each. There will be 913 apartments, with a choice of two, three or four bedrooms, priced at INR 3 crore onwards. ONE Midtown has been designed by DP Consultants Pte. Ltd. of Singapore.

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