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Real Estate Forum on Dlf Ltd

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Q: As per current report, DLF is planning to monetize some more housing projects through private equity.
Latest Answer: It means DLF would continue to hold 60% stake in DCCDL. Promoters will re-invest a significant part of the amount collected from the proposed sale in DLF Ltd, which in turn would utilise this fund to reduce its debt. Rental business' debt could rise a bit till promoters sell their stake in DCCDL and reinvest significant part of that amount in DLF,
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