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Home > Forum > Pune > Real estate News > DLF and Hubtown sell their joint venture.

DLF and Hubtown sell their joint venture.

Q: What is the reason that both the developers sell the project? For how much they have sold the project?

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DLF is mounted with huge debt so to reduce the debt DLF decided to sell their non-core assets. DLF and Hubtown sold the IT SEZ which was situated in the Hinjewadi area of Pune to Blackstone a private equity fund company.
Priyanka Vats


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