Saturday, July 12, 2008

Hinjewadi, Pune to Tirupur - Dalmia’s Landmark Holdings Goes South!

Delhi-based Landmark Land Holdings Pvt. Ltd. has ventured into south India’s real estate market. The investment arm of the Dalmia group has picked up a 25 per cent stake in a special purpose vehicle floated by Prime Textiles, a vertically integrated textile manufacturing company based out of Tirupur.

The SPV will develop 20 acres of residential, retail, commercial and hotel development with a built up area of 1.9 million square feet.

Landmark has recently picked up a 10 per cent stake in a SPV floated by Kumar Builders that is developing a 124-acre integrated township and SEZ project at Hinjewadi in Pune.
Dalmia’s Landmark Holdings Goes South; Picks Up 25% In Tirupur SPV

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