GIC injects over $422m into JV with Indian property developer

To develop 2 projects in Central Delhi.

Singapore’s sovereign wealth fund GIC will invest $422.4m (Rs 1,990 crore) into a joint venture with India-based DLF Home Developers, which will build and develop two integrated developments in Central Delhi.

Both projects will be developed under DHDL. The JV is expected to benefit from GIC’s experience of investing in integrated developments across the globe. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!