Cholamandalam Investment and Finance Company has bought 4.67 acres of land belonging to DLF in Chennai for Rs. 735 crore. To this extent, this company disclosed the details in its regulatory filing. The 4.67 acres of land in Guindy, Chennai, have been purchased from DLF IT Offices Chennai Private Limited. DLF sold it to monetise its land. Meanwhile, DLF Company is developing many projects in Chennai. It includes both residential and commercial.
