DLF and Hines JV secure Rs.26 bn construction loan
01 Oct 2020
The second JV between Hines, the international real estate firm and DLF, the largest publicly listed real estate company in India, has secured a construction loan of
Rs.26 bn from HDFC. Spread across 11.76 acre commercial land parcel purchased through an auction process conducted by HSIIDC, the project will be developed in two phases – 2.55 mm sq ft will be developed in Phase-I while the rest will be developed in Phase-II.
The construction will commence soon, and buildings will go live starting 2023.
Contact: Karan Kumar, Senior Vice President and Chief Marketing Officer, DLF.
Address: DLF Gateway Tower, 10th floor, DLF City Phase III, Gurgaon-122 002.
Tel: 0124-456 8909.
E-mail: office-business@dlf.in
Website: www.dlf.in
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