Claimed sources to www.propertykhazana.com says, Infinite India Investment Management (IIIHM) a top realty private equity investment firm is sketching out the proposals to invest USD 400 Million in the realty segment in 2-3 years and the company has determined to pay attention on housing, commercial, retail and in hospitality segments.
It is further said at the www.propertykhazana.com that the IIIHM have already forced in USD 60 Million in 5 realty ventures and more investments will be done at various phases. The new development is taking place at a rapid speed. Information about the 5 ventures is yet to be revealed by the company, but it is believed that all the selected ventures will have the multi segment focus. There is a venture to arise near Powai Lake in suburban Mumbai and the venture will be broaden on all big locality of 1.12 Million Sq.ft.
One more venture recognized is Mumbai based realty and infrastructure construction company MAN Infraconstruction. IIIHM which is also having a small share in silicon city based Construction Company fallowed by 1.8 Million Sq.ft IT Park, RR Infopark in Chennai. IT ventures is probably will be more by 2007 and the company has a ready benefit in the country’s Silicon City and the second benefit is on its way to start early in the capital. There are 7 more realty ventures in the lane and every venture is expecting to put on the development way in next two years.
Source: NIMMA BENGALURU
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