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