DLF Ltd Receives INR 100 Crores from TFDRL as Part of Settlement in Ongoing Litigation

DLF Ltd has informed about the settlement and withdrawal of disputes, claims, and counterclaims between the company, Hubtown Limited, Chinsha Property Private Limited, Twenty Five Downtown Realty Limited (formerly Joyous Housing Limited), and others. An arbitration award has been passed on 11th July 2025, according to which TFDRL will pay a settlement amount to DLF Ltd in tranches over 24 months. The first tranche of INR 100 crores has already been received. The balance settlement amount is secured by a mortgage over approximately 1,50,000 sq. ft. RERA Carpet Area in the project being developed by TFDRL in Mumbai, as per the consent terms.