DLF Limited, India’s largest real estate company, today announced that the company along with its joint venture partner Hubtown Limited have sold 100% of their shareholding in DLF Ackruti Info Parks ( Pune) Limited for Rs. 810 crores.
The stake is being sold to an entity controlled by real estate fund affiliated with the private equity major Blackstone. DLF and Hub town held 67% and 33% equity shares respectively in DLF Ackruti Info Park. ‘DLF Ackruti’ owned a notified IT/ITES SEZ located in Pune, Maharashtra.
“The above transaction is in line with the DLF’s continuing objective of divesting its non-strategic assets,” said the DLF spokesperson.
A major wave of housing approvals renews the debate over project execution, homebuyer protection and…
A new flyover can change a neighbourhood’s investment narrative overnight. Delivering a better neighbourhood, however,…
Mumbai, October 24, 2026: For most of its modern history, South-Central Mumbai operated under a…
For a long time, Non-Resident Indians looking to invest back home split their attention between…
Conceived as a first-of-its-kind integrated knowledge system, the series addresses the critical gap between information…
The publication will connect policy, projects, investment, regulation, urban development and consumer interests through dependable…