There are construction sites everywhere, especially in the new-age design townships of Noida and Gurgaon, but many are nowhere near completion as cash-strapped developers such as DLF seek to offload assets in an effort to improve cash flow. It’s no secret that many builders are in a bit of a fix, but in spite of
Israeli Firm to Invest $500m in Indian Real Estate
May 11, 2011 by
An Israeli company called Elbit Imaging plans to invest no less than $500 million in real estate development projects in India. The developer, along with its subsidiary Plaza Centers NV, intends to create a diversified portfolio in India with office, residential, and retail real estate. In India the joint venture will be called Elbit India
