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DLF signed binding term sheet with Everstone to form JV to invest in IREO India companies across Delhi, Gurugram. DLF to invest Rs 3,750 crore for majority JV stake; JV to hold ~40% economic interest including at least 20% stake with governance rights. Closing in 2027 after due diligence.
DLF Forms Rs 3,750 Crore IREO Joint Venture With Everstone
DLF Achieves Rs 1985 Crore Sell-Out Of Aureva Gurugram Retirement Project