DLF plans to raise ₹1000 crore by mortgaging retail assets to reduce its ₹19,508 crore debt. This involves a new Commercial Mortgage Backed Security product, attracting investors like pension funds and insurance firms.
DLF aims to raise Rs 300-500 crore by selling its stake in a joint venture with Akruti City for a commercial project in Andheri, part of a larger debt reduction strategy.