Yatra Capital Lines up $1 Billion in Real Estate in India
Amsterdam-based Yatra Capital Limited, the basicEuronext quoted Indian Real Estate Company has announced its first investment in Indian real estate. Yatra has committed as much as $1 Billion in equity for a 49% sabsorb a 3 way partnership in order to initially develop three residential sites in Pune, Maharashtra.
All three localities are inside the important thing corridors of expansionin Pune and found next to the commercialand technology related developments. This investment in Pune underlines Yatra’s stated process of creating an investmentin rapidgrowing Indian cities where the board believes there's the niceest opportunity to deliver expansionand subsequent shareholder value.
Sir Nigel Broomfield, Chairman, Yatra Capital Limited, said,Tory Burch Flip Flops Black Print, “we're very satisfiedto announce our first investment in India that is a 3 way partnership with a number one, experienced and that internationally accredited real estate partner, Kolte Patil Developers. This opens our investment account in India and that is in alignment with our process of partnering experienced developers to create shareholder pricefor Yatra.”
Kolte Patil Developers Limited, Yatra’s three way partnership partner is a number one and well established real estate progressioncompany. Kolte Patil was incorporated in 1991 and since then has interested in Pune and Bangalore. At December 31st 2006 Kolte Patil had developed and constructed 2fiveprojects,Tory Burch Patent Square Miller Black Sandal, of which 22 were in Pune and 3 were in Bangalore. It includes Residential Complexes,Tory Burch blakely suede thong sandal 2011 New style, Commercial Complexes,Tory Burch Reva Snake-print Ballet Flat Black, Mixed Use Complexes and that iT Parks.
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