Friday, October 5, 2007

Capitaland Develops Property In India

Source : TODAY, Friday, October 5, 2007

Real estate heavyweight CapitaLand and Indian property firm D S Kulkarni Developers are negotiating a 7-billion-rupee ($264-million) joint venture agreement for a development in India.

A person close to the deal said the joint venture will develop 60 acres of land in India’s Pune.

About 30 acres will be developed for residential use, while the rest will be used for a special economic zone.

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