A comprehensive financial settlement between real estate giants DLF and Hubtown has officially concluded their prolonged legal dispute over Mumbai's prestigious Tulsiwadi redevelopment project.

Leading real estate developers DLF and Hubtown have resolved their years-long legal dispute over Mumbai's prestigious ₹10,000 crore Tulsiwadi redevelopment project through an ₹800 crore settlement arrangement, enabling DLF's complete exit and allowing the project to move forward.

Edelweiss Group has invested Rs 355 crore in realty developer Hubtowns two under-construction residential projects in Mumbai, Maharashtra through its non-banking finance company ECL Finance and two funds - Edelweiss India Real Estate Fund and EREF Onshore Fund - managed by the group.