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Proceeds of Lodha deal to be used to retire debt: DLF

The much speculated sale of DLF's Mumbai textile mill has concluded with the realty major raking in a whopping Rs 2,727 crore for the plot. While DLF's investors might heave a sigh of relief, Lodha Developers will have to increase its debt by Rs 1500 crore to fund this deal.

first published: Aug 13, 2012 08:00 pm

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