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GIC and DLF tie up to build two Delhi projects

The projects will be located in the Moti Nagar area of West Delhi, along Shivaji Marg, which is within eight kilometres from Delhi's central business district and accessible by all forms of public transport, GIC said


SINGAPORE sovereign wealth fund GIC and DLF Home Developers, a unit of India-listed real estate developer DLF Ltd, have formed a joint venture to invest in two upcoming projects in Delhi.

Both projects will be built under DLF Home Developers. GIC will invest about 1,990