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Home News Top Stories Philippines real estate firm enters in Hyderabad Real Estate
Philippines real estate firm enters in Hyderabad Real Estate
Sunday, 25 May 2008 14:21
{mosimage}Ayala Corporation of Philippines and its affiliate, Arch Capital Management, plan to invest $100 million in the Indian property market in the next two years.

Ayala is one of the largest real estate brands in Philippines and the private equity fund is currently evaluating property in Hyderabad, Chennai, the national capital region, Mumbai, Pune and Bangalore.

Sources say it will subsequently consider smaller cities as there is more room for development. Sources also say residential projects are top on arch capital management's priority list as it is easier to exit them. The fund is also considering investing in retail and IT projects. Hong Kong-based Arch Capital Management closed its first deal in India last month with Mahindra Lifespace Sevelopers. It will develop a residential township in Chennai, a project in which it holds a 49 per cent stake.........
For Latest Real Estate News: www.maaproperties.com/Pages/ModuleContent.aspx?M ..

At Maa Properties, we have in-depth knowledge of property markets, extensive experience, specialized skills and resources necessary to provide an entire range of reliable and responsive property management services. No matter how far away you are currently located, our online services enable you to take charge of things and efficiently handle all property-related transactions back home.

We would like to take the opportunity to welcome all the community members living world wide to our real estate portal.(NRI)
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www.indiaproperties.com
written by Real Estate India, May 26, 2008
It's great to see global construction companies finally entering the Indian market, especially when trade in this field is set to increase further with the introduction of Real Estate MF's in the market.
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