News & Views on Indian Real Estate

Tuesday, April 22, 2008

Berkeley forays into realty space

I just got my hands on the news that Berkeley Group, which registered a turnover of Rs 400 crore in the last fiscal, was earlier dealing with automobiles, insurance and finance, would now be entering into the real estate business with the launch of their new subsidiary ‘Berkeley Realtech’. Initially, the company would offer only lease solutions to corporate houses but later, they will look at construction services such as construction management and interior design projects.