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Dubai based Limitless to review their Indian venture

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No mercy for any individual who is closely attached with the finance. Lately an Indian venture of Dubai’s top listed Limitless developers has put a question mark portraying the land issue for the 12 billion dollar project. According to the source of www.propertykhazana.com this announcement was made just after the chopping of its work force by 7 percent. Apart from this the company also postponed the 61 billion dollar Arabian canal venture in the influence of the global economic meltdown.
Dubai – once heaven for the jobs has come down to highest unemployed land. The company reveals that “it has won the Indian development project at some adjacent area of Bangalore with the leading Indian realty brand DLF and it was the responsibility of the govt. authorities to clear up the land issue for the construction. But even after the completion of 18 months no progress has been noticed at the site and hence both DLF and Dubai’s Limitless has stated their reviewing status”. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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