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Singapore company to adorn Indian construction sector with USD 200 Million

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Millennium Spire Ltd., a Singapore based PE firm has proclaimed that it will be investing USD 200 Million on realty ventures in India in coming years. MSL Managing Director, Ashish Bhalla said to the www.propertykhazana.com that, “MSL predicts on investing USD 200 Million in realty ventures in NCR and Coimbatore on multipurpose complexes, IT Parks, Housing and Commercial localities in the forthcoming years. We have big plans and we are in negotiation with different state governments as we have to develop ventures in public-private-partnership method comprises creating University based townships.”
As per to the sources saying @ the www.propertykhazana.com, Company has also proclaimed that it is going to launch an IT Park – Spire Edge in Manesar near Delhi. The IT park will be extended in about 1.6 Million Sq.ft of scalable eco-friendly complex with an energy reduction ability up to 30% and the company also announced on investing up to USD 1 Million in the coming four years in the real estate segment and will construct university based townships. Company source disclosed that ‘Spire World’ is its first stage to drive development of normal green ventures. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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