Tag: Special Purpose

Emaar Properties To Inject $150 Million In India

July 16, 2008 – 11:22 am

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 […]

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L&T Ready For Realty Drive

June 30, 2008 – 6:40 am

Engineering and construction, L&T, currently has real estate projects worth $2 billion in hand, said sources familiar with its plans. Most of these projects are in the form of special purpose vehicles, joint ventures and contracts. The SPVs also include a Rs 2,500 crore project in Chandigarh, sources told. Separately, Larsen & Toubro announced that […]

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