DLF exits cinema business in ₹64 crore deal
DLF, India’s largest real estate developer, on Friday announced the sale of its remaining seven screens at DT Cinemas to Cinepolis India for ₹63.7 crore, completing its exit from the movie exhibition business. Earlier in May, DLF had entered into an agreement to sell 32 of its screens to multiplex operator PVR for a revised consideration of ₹433 crore.