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Joint ventures of Nakheel,a Dubai based with Parsvanath

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Nakheel company basically of Dubai origin has an idea of expanding itself into a huge organization it thought to have a business collaboration by having a joint venture with Parsvanath builders in the field of real estate, although it is having it’s other business at Dubai Ports World, Free Zone World, Dubai Drydrocks, Dubai Maritime City, Dubai Multi Commodities Centre and Istithmar .It aimed at strengthening itself in the field of real estate for which it had come to an agreement of investment of 1250 crores for the development of real estate project, said the senior official to the www.propertykhazana.com . It had come out with new policies that would benefit the growth of real estate sector.
In order to develop the project it obtained a capital amount of 3.32 crores by issuing shares to the public at a share price of 250-300 per share to compete in the stable market.
Source: NIMMA BENGALURU

Property Listings

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