Emaar Properties, the leading real estate company in the Middle East, is set to inject $150 million for a 20-25 % stake each in three real estate developments in India.
According to Company spokesperson Emaar and MGF Developments of India set up a joint venture in 2005 called Emaar MGF, which presently accounts for India’s largest foreign direct investment in real estate through projects with a combined development value of US$1bn.
Emaar is now considering establishing three separate special purpose vehicles which will then develop two retail properties and one office property in Gurgaon and Mohali.
Emaar holds 41% in the Emaar-MGF joint venture while MGF holds 56%.
-
PropertyWala.com
-
Tags
Affordable Housing Ahmedabad Bangalore Bank Of India Chennai Commercial Real Estate Credai Delhi developers Dlf Estate Projects Greater noida Gurgaon Housing Projects Hyderabad India Indian Real Estate Investment Investments Joint Venture Jones Lang Lasalle Kolkata Managing Director Mumbai New Delhi noida Parsvnath Developers Private Equity property Pune Rbi. Real Estate Real Estate Developer Real Estate Developers Real Estate Investment Real Estate Market Real Estate Sector Realty Reserve Bank Of India Residential project Residential Projects Residential Property Slowdown Townships Unitech -
Categories
-
Archives
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- May 2012
- April 2012
- March 2012
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- December 2010
- November 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- March 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- January 1970
-
Latest Properties