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Nirmal Lifestyle – a realty developer has joined hands with the United States Tennis Association (USTA) to endure first-class sporting infrastructure and knowledge to the country. The company will be utilizing US Open Brand in its forthcoming 20 Lifestyle Cities in the country.
Nirmal Lifestyle Chairman and Managing Director Dharmesh Jain said to www.propertykhazana.com that, “Company will form a model of US Open clubs, Villas, Fitness Hubs and a first class tennis academy across the country by 2010. Out of those five will be developed in the first phase with input of USD 5 Billion.”
On the way out to reveal the fiscal information, he said that the contract is for 10 years. Infrastructure for other sports will also be accessible in the ventures, but the concentration will be focused on tennis. Nirmal Lifestyle is developing approx 3 Million Sq.ft Mall in Mumbai and it is also constructing 1,000 room hotels in addition. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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