IPL Clean Bowled By DLF

February 14, 2008	(Be the first to rate this story!)  Loading ...
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India’s biggest Real Estate Developers, DLF, has bagged the Indian Premier League (IPL) title sponsorship rights for Rs 200 crore for five years, with a first-year commitment of Rs 40 crore.

The five year deal can be reviewed at the end of three years depending on the success and performance of Indian Premier League (IPL). The minimum cap will, however, remain at Rs 40 crore per annum.

Speaking on the deal, Lalit Modi, Chairman and commissioner, said “I am truly happy to have India’s leading real estate developer DLF as our title sponsors as they happen to share a common vision with BCCI to make the Indian Premier League one of finest circuiting leagues in the world “.

Expressing his happiness on the deal, Rajeev Talwar, group executive director, DLF said that DLF always emphasises on nurturing and recognising talent and this is one more achievement towards nurturing professional talent for the game of cricket in this country. This is a game which has mass appeal all over India. Both cricket and DLF will grow hand-in-hand.

News Published Under:   Real Estate Developers |

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