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Rs 100 crore for Indian realty by US INC

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Despite the low selling property graphs huge investments by the overseas realtors has not merged down. According to a source of www.propertykhazana.com an US based realty group INC developers is making their minds to invest in Indian realty sector with an initial sum of Rs. 100 crore. They are making this investment in collaboration with Amar Builders concentrating on the super luxurious projects at some prime locations of Pune.
The source of www.propertykhazana.com also reveals that the complete program of the duo will be sticking for around 2 years where they will be making moves for spacious homes with 6500 square foot size ranging from Rs. 5 crore to that of Rs. 6 crore. US based INC is a noted brand heading from California having a class record of around 30 residential projects across the globe which worth near $ 400 million. Recently the company has announced its first project as “Manhattan” in Indian soil.
Executive Director of the US Company - states that “though the Indian realty is on slow pace, our super luxurious apartments will not be postponed and will have very minimal effect to the company. Our earlier project is almost clearing the stock as four is already in sell and rest are also in the process of booking from various interested parties”. He further adds that, the buyers are more interested in buying Rs. 6 crore flat besides paying Rs. 10 crore for a bungalow. Apart from this the INC crew is also engaged in setting up of a mega commercial complex at Baner area with 50,000 square feet which will hit the market soon. For more updates visit www.propertykhazana.com .
Source: NBTVLIVE

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