DlF has completed sale of its 74 per cent stake in the joint venture DlF Pramerica life Insurance to Dewan Housing Finance for an estimated Rs 250-300 crore.
In July this year, DlF had announced exit from the life insurance business by selling its entire 74 per cent stake in the JV with US insurance giant Prudential Financial. The JV was announced in 2007 and started operation in September 2008.