Vaneet Gupta is an expert on the subject of Real Estate and has written variety of articles related to property and real estate. For more Information about India Property Please Visit InvestInNest.com
Take for instance Maytas Properties. This city-based property giant, in recent times, involved banking wizard Nimesh Kampani, JM Financial chief, to invest Rs 600 crore. On the other hand, Europe-based global banking major Deutsche Bank selected, without a second thought, Hyderabad-based Golden Gate Properties to make its entry into the Indian real estate markets. Do you find the essence? Hyderabad is vying with the city of Bangalore to occupy the most dominant position in the Indian real estate scenario.
What are the immediate plans of Maytas Properties then? As per reports, the Hyderabad property giant would be involved in utilizing the funds for acquisition of land and push its pan-India expansion plans. Bear in mind that Maytas Properties, at the moment, enjoys the success of its Hill County project, which spreads over a stretch of 85 acres and is also one of the most prominent real estate projects in Hyderabad. What are the most exciting features of the Hill County Project? There are, if truth be told, lots but state-of-the-art facilities and amenities are really outstanding.
In the township there is the presence of perfect blend of independent houses and apartments and is located at Bachupally, Hyderabad, a 10 minute drive from Hi-Tech city.
The success of this project has raised the group's success to a great height and has already got positive responses (in great numbers) from the market. Now, Maytas Properties is concentrating on the development of the phase II of its flagship project. As indicated by the group itself, it plans to develop a 9-million square feet IT Special Economic Zone (SEZ), apart from the construction of 28 million square feet of residential properties.
Why don't we look at the exploits of Infinite India Investment Management then? It happens to be a real estate joint venture between US-based SRS Investments and Nimesh Kampani's JM Financial Group and has made eight investment deals in India until now. Hyderabad Real Estate deal, among these, is said to be the largest one by the group in Indian realty space as on date. Infinite India had also invested Rs 200 crore in Kolkata-based real estate organization.
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