DLF To Infuse Rs 160Cr In Multiplex Unit

New Delhi: Banking on the growing multiplex culture in metros, real estate major DLF is mulling to establish 35-40 new movie screens across the country over the next two years, entailing an investment of about Rs 160 crore. The company infuses in the range of Rs 3-5 crore on each screen. The company operates multiplexes under the DT Cinema brand. DT Cinema currently operates two multiplexes in Gurgaon. In the current financial year DT Cinema would add multiplexes at Shalimar Bagh, Saket, Vasant Kunj, in Delhi and Gurgaon. DLF''s four new malls will come up at three major towns in the country. DLF is looking to venture into insurance pretty seriously. The company recently tied up with US-based Prudential to form a life insurance company in India.