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Istithmar pours investment in Indian Realty sector

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Private equity limb of the Dubai Govt. Istithmar is confident on making investments to grow on its horizons in the hospitality segment and in other infrastructure ventures in India. Company is seeing these alternatives as a brilliant forecast for the liberalization and for the investments stakes and also company is playing a main role as potential investor in Indian small cost transporter SpiceJet and the group company Dubai Ports is running many cargo terminals in South and in West. As the claimed sources at the www.propertykhazana.com says that in the recent times, Nakheel Group had made title by signing a JV with the India’s important realty developer DLF. Contract was about the development of two Mega Townships in India connecting with an investment of $10 Billion.
India is slowly rising as the floating realty market which is mainly drawing the attention of durable investors, said Vice Chairman Khaled Al Kamda to www.propertykhazana.com. The Govt. is gazing ahead to relax and invite more investments in infrastructure ventures and these investors are sure regarding the expansion of the sectors like aviation. Istithmar has the position of being an original realty firm in UAE and the firm is mainly interested in development of airports and Five Star Hotels in India but not the retail segment. Company has the international realty portfolio projected at $7-8 Million and it was in high discussion to purchase Asian Land Assets worth of $250 Million and looking to increase its portfolio by this year.
Source: NIMMA BENGALURU

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