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Hinduja Group Forays into Realty business

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Hinduja Group, the name synonymous with automobile and stock marketing is planning to foray into realty sector and health care segment. Speaking to the www.propertykhazana.com Sanjay G Hinduja, Co-Chairman said that there are 2 huge realty projects in line waiting for implementation.
It is reported by the source at the www.propertykhazana.com that Hinduja Group has done with the groundwork for foraying into the real estate sector and in continuation the Group holds an appealing Land Bank of about 1000 acres in all major Indian cities and to begin with the Group is in eager to develop 40 acre property in Bangalore with whooping investment of Rs. 500 crores. Meantime, Hinduja Group has confirmed the designs of a Singapore-based designer for the venture linking a development of over 5 Million sq ft., especially for the booming IT sector in Bangalore. Similarly, Hinduja Group has also proposed a Knowledge Park project in Hyderabad with investment involving Rs. 800 Crores and the upcoming Knowledge Park is likely to host many BT and health and cosmetic companies.
Source: NBTVLIVE

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