HDFC Property Fund exits Lodha World Tower project


HDFC Property Fund has exited stake in Lodha Group’s World Tower Project for Rs. 1,500 crore, says report.

Report says that the exit was funded through internal accruals.

The World Towers is spread over 17 acres in south Mumbai comprises of three ultra-luxury highrises.

Lodha Group achieved net sales of Rs 6,400 crore in fiscal 2015-16.


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