DLF ties with Trident realty to set residential project in Mumbai
Real estate major DLF has tied with Trident Realty as it plans as it is venturing into the Mumbai property market with a 2.5 million sq ft project in Andheri West. DLF's subsidiary DLF Home Developers has executed a securities subscription and shareholders’ agreement, pursuant to which its wholly-owned subsidiary-Pegeen Builders & Developers Private Limited will allot 9800 equity shares at par to Trident Buildtech.
The firm is entering the city with the Andheri project of 2.5 million square feet in the first phase.
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