News & Views on Indian Real Estate

Thursday, October 16, 2008

Bangalore-Based Developer To Raise $300M

Bangalore-based developer, MetroCorp is reportedly close to raising $300 million (about Rs 1,400 crore) from leading global financial institutions, including Prudential Corporation Asia and Warburg Pincus. The developer has three projects under execution, and has lined up a bouquet of 21 projects across India, ranging from residential and commercial to integrated townships to special economic zones.

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