Orbit Corp. arm to develop township projects at Mandwa

Orbit Corporation, engaged in the redevelopment of properties today announced that IL&FS Trust Company, IIRF India Realty X, Moltana Holdings have agreed to make an investment of up to Rs 1.65 billion in Orbit Highcity.

The said investment would be used to develop township projects at Mandwa in Mumbai Metropolitan Region.

Orbit Highcity is a wholly owned subsidiary company of Orbit Corporation, Mumbai.

The company`s prime focus is on redevelopment of existing properties. The company specializes in developing, designing and managing high-end residential and commercial properties.

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