| March 10, 2008 | |
Rodere Holdings, Cyprus, agreed to make a foreign direct investment of up to Rs 200 crore in Orbit High city, a wholly owned subsidiary of Mumbai based realty player, Orbit Corporation. The said investment would be used to develop township projects in Metropolitan region.
Recently Orbit Corporation announced the acquisition of 100% stake in Orbit High city. Orbit Corporation is into real estate construction and development with primary focus on redevelopment of existing properties. It endeavors to specialize in developing, designing and managing high-end residential and commercial properties.
News Published Under: Real Estate India, Foreign Direct Investment in India |
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