India: DLF sells shopping mall to its arm for $135m, move seen as prelude to REIT launch

India: DLF sells shopping mall to its arm for $135m, move seen as prelude to REIT launch

Photo: Pradeep Gaur/Mint

DLF Ltd, the country’s largest real estate firm by market value, has decided to sell its shopping mall in Saket in the national capital to its unit for Rs.904.50 crore as part of its plan to streamline and monetize its existing assets.

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