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DLF to invest Rs 1,250 cr in DT Cinema expansion

Press Trust Of India

Posted online: Friday, July 13, 2007 at 0000 hrs Print Email


 Real estate major DLF is likely to invest about Rs 1,250 crore on expanding its multiplex business, DT Cinema, by adding about 500 screen in the next four to five years. "Currently, we are at a pre-operative stage with about seven screens. In another four to five years time the target is to have 500 screens across India," DT Cinema CEO Kajal Aijaz said. By September this year, two DT Cinema complexes in Delhi and one in Chandigarh would be operational. 35 screens are expected to be functional in the next seven months, she said.

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