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The Morgan Stanley to have partnership with Oberoi constructions

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The Oberoi constructions which was known for it’s developmental activities in the fields of educational sector, medical sector, construction of shopping malls and hotels apart from the development of commercial undertakings is now again in the news. The previous records reveal that it’s earnings at the real estate sector was seen to be35-40%, said the source to the www.propertykhazana.com .
Because of its aim to develop in all these fields and not only that it is aiming to investment of Rs. 675 crores at the company, whose shares have not been listed at the stock exchange market at earnings of 10%.
Because of its sound financial plan, this is formulated aiming to earn US $ 1 billion at the future. Not only is that it also acquiring the company at Mumbai in order to start the new collaborations at other places like Bangalore, Hyderabad and Pune. It is also with the link with others with the competition with Blackstone, Carlyle and GE etc.
Further the source said the www.propertykhazana.com that there are many financial institutions who are ready to fund the capital to the other real estate companies to ICICI of US$ of 1billion and to Kotak Mahindra Bank of US$ of 500 million as it is observing that many real estate companies Bangalore Nilesh Estate, HDFC, Ansal’s IT city, Hiranandani constructions, Rahejas and Unitech who were ready to invest more money into the real estate sector.
Source: NIMMA BENGALURU

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