Mitsubishi forays into Indian real estate, buys 70% stake in ongoing residential project

By Rohit Sharma CHENNAI Shriram Properties Limited and an investment arm of Mitsubishi Corporation, Japan recently have inked agreement for partnership in an ongoing large residential development project in Chennai. Under the agreement, Mitsubishi arm is investing approx Rs180 crores towards 70% stake in an ongoing residential project Shriram Park 63. The project

DLF, GIC to invest Rs 1,250 Cr for residential project

By Accommodation Times Bureau NEW DELHI GIC Private Limited, formerly known as Government of Singapore Investment Corporation and DLF has entered into a JV for constructing two projects in Delhi. It will invest over Rs 1,200 crore for the next four years for a housing project. The two projects which will be