Total value of this deal is Rs1,675 cr. Merrill Lynch picked up stakes in seven projects in Chennai, Bangalore, Kochi, Indore for Rs1,481 cr. In a separate transaction, DLF diluted 49 per cent equity in another middle-income housing project at Panchkula in Haryana to Brahma Investments for Rs 194 crore.
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Tags: builders, buy, dlf, properties, property
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