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India Real Estate for Sale

Sunday, August 12, 2007

India reit ties up with Skyline for real estate projects

Mr Jogani was here to seal a tie-up with Bangalore-based Skyline Constructions for taking up Rs 700 crore worth projects in Karnataka over the next three years. Indiareit would fund around Rs 225 crore to Skyline for nearly 17 projects, including one in Mysore covering an ara of 3.5 million sq frt and over 2,300 residential units, he said.
He said Indiareit had funded projects in Mumbai, Pune, Chennai, Hyderabad besides Bangalore.