DLF sells 4.67 acre land in Chennai for Rs 735 crore to Cholamandalam Investment and Finance Company

In a regulatory filing on Wednesday, Cholamandalam Investment and Finance Company informed that the "company has purchased an immovable property today, from DLF IT  Offices Chennai Private Limited admeasuring 4.67 acres of land situated at ...Guindy, Chennai by executing and registering a sale deed."

DLF sells 4.67 acre land in Chennai for Rs 735 crore to Cholamandalam Investment and Finance Company
Image Courtesy: Reuters.

Cholamandalam Investment and Finance Company Ltd has bought 4.67 acre land in Chennai from realty firm DLF Ltd for Rs 735 crore.

In a regulatory filing on Wednesday, Cholamandalam Investment and Finance Company informed that the "company has purchased an immovable property today, from DLF IT  Offices Chennai Private Limited admeasuring 4.67 acres of land situated at ...Guindy, Chennai by executing and registering a sale deed."

The deal value is Rs 735 crore, it added. DLF has sold this land to monetise its land. The realty firm has a good presence in the Chennai market and is developing residential and commercial properties in the city.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/photo-gallery-rs-3500-monthly-sip-for-35-years-vs-rs-35000-monthly-sip-for-16-years-which-can-give-you-higher-corpus-in-long-term-compound-interest-benefits-mutual-fund-return-calculator-retirement-planning-334249

Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations

https://www.zeebiz.com/personal-finance/news-rs-1111-monthly-sip-for-40-yrs-11111-for-20-yrs-or-22222-for-10-years-which-works-best-at-same-expected-return-334395

Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?

https://www.zeebiz.com/personal-finance/photo-gallery-ppf-interest-rate-maturity-retirement-corpus-planning-calculator-how-to-get-inr-rs-72000-month-tax-free-income-from-public-provident-fund-calculations-80c-tax-benefits-333983

PPF Calculations: How to get Rs 72,000 a month tax-free income from Public Provident Fund?

https://www.zeebiz.com/market-news/news-short-term-investment-ideas-stocks-to-buy-for-15-days-axis-direct-recommends-fortis-healthcare-aegis-logistics-check-targets-334316

Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets

https://www.zeebiz.com/personal-finance/photo-gallery-power-of-compounding-how-soon-will-monthly-sip-of-rs-11000-reach-rs-8-crore-corpus-target-retirement-financial-planning-with-sip-calculator-334296

Power of Compounding: How soon will monthly SIP of Rs 11,000 reach Rs 8 crore corpus target?

Written By: PTI
Updated: Wed, Mar 13, 2024
09:14 PM IST
PTI
RELATED NEWS
DLF's JV firm sells 15-lakh sq ft IT park in Kolkata for Rs 637 cr to Primarc, RDB group DLF's JV firm sells 15-lakh sq ft IT park in Kolkata for Rs 637 cr to Primarc, RDB group
Jefferies bullish on realty stocks as strong sales likely to boost pre-sales growth to 25% in FY25 Jefferies bullish on realty stocks as strong sales likely to boost pre-sales growth to 25% in FY25

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x