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The importance of real estate had been recognized in the financial groups as they were having a monopoly of dealing a property of $400millionfor the past few weeks. It had tended towards of having the joint ventures with HDFC AND US based Portman holdings.
It got the benefit of position has the single largest foreign direct investor in India’s financial services industry. The real estate had experienced a massive growth of about $1 billion in India.
Citygroup had joined into a venture with red property by the means of CPI which is basically a Mauritius based company which was provided with a capital by Cayman Islands. It had mobilized $500 by the means of India –dedicated fund. The corporation had plans of procuring more money in order to finance it in the real estate.
The citygroup had been keen in providing capital to fast developing states in India like Delhi, Mumbai, Bangalore and Pune. It had agreed to have 4 deals in the couple of weeks which came to around $150 million but the actual expenditure or the cost of capital which was about to provide was about $400-500 billion.
In order to establish a IT park in the fast growing place NOIDA it had got admitted with the Delhi based real estate company and it had the plan to finance in joint venture of about 80 crores.
Apart from real estate sector, it also had the ambition to expand its business in other sectors like hospitality industry and also in hotels .With the help of Chennai based company these projects were agreed at Bangalore and in Chennai.
They were also spying on other areas like in SEZ, commercial and also in residential. The financial group had engaged into a plans to strike real estate sector in India by having a relationship with foreign venture capital fund and it had put efforts to get the approval from RBI ,but the approval from RBI regarding this investment in venture capital funds in foreign was not approved.
Source: NIMMA BENGALURU

Property Listings

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Property Detail of MAULI OMKAR - II............................." Location :- Triveni Nagar, Near Mauli Sapphire Bldg, Mallika Hotel,..
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JK PROPERTY SAI SIDDHANT PALACE 1 BHK/ 2 BHK- ARE AVAILABLE READY POSESSION FLATS {15 MIN} WALKABLE DISTANCE FROM STATION . PER SQ.FT..
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FULLY FURNISHED 5BHK FLAT AVAILABLE FOR RENT DIRECTLY FROM..
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