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Acacia acquires 49 per cent share in IT Park at Noida

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As per the source saying @ the www.propertykhazana.com Acacia, the Bahrain based realty group is successful in acquiring 49 per cent share in Logix Techno Park, an upcoming IT Park in Noida, adjacent to the Greater Noida Expressway for $ 69 Billion.
The revealed source @ the www.propertykhazana.com said that the Bahrain based Acacia is managed by the TAIB Bank, which is also playing the vital role as placement agency for the said venture in India. Meantime, Acacia has raised the funds along with FDI for the development of projects. The proposed IT Park is planned with all high-end facilities to accommodate the IT companies with leasable area of over 4.6 Lakh Sq.Ft.
Source: NBTVLIVE

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