Equity Tips - Realty major DLF is credible, to rose respecting Rs 2,500-3,000 crore by the next month via private equity and is in talks with Singapore government's investment arm GIC to sell stake in a the new housing project in Delhi.
According to the market sources, the company is in approach stage of talks with ruler wealth fund GIC to sell up to 49 % stake in the letest residential project in the National Capital.
According to the market sources, the company is in approach stage of talks with ruler wealth fund GIC to sell up to 49 % stake in the letest residential project in the National Capital.
Equity Tips - The deal is await to ends in the next one month, they added. DLF is planning to launch a new residential project unroll above 20-25 acres are near Moti Nagar, besides to its occure housing project 'Capital Green'.
The regulatore acceptance are in place to start this project, cpmpare above 3,000 apartments, sources said.
When dealer, the company spokesperson said: "We do not remark on market conjecture, ."
In this August 2007, DLF had acquire 38 acres of land from the DCM Shriram Consolidated and Lohia Group for Rs 1,675 crore. On above 30 acres, the company is grow a housing project 'Capital Green' own 2,800 flats.
The regulatore acceptance are in place to start this project, cpmpare above 3,000 apartments, sources said.
When dealer, the company spokesperson said: "We do not remark on market conjecture, ."
In this August 2007, DLF had acquire 38 acres of land from the DCM Shriram Consolidated and Lohia Group for Rs 1,675 crore. On above 30 acres, the company is grow a housing project 'Capital Green' own 2,800 flats.
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