Astra Mayfair Merge

Released on: October 19, 2007, 6:08 am

Press Release Author: Philp Raye

Industry: Real Estate

Press Release Summary: Two leading providers of property and wealth management
solutions across the world, Mayfair International Group and Astra Landbase Pvt. Ltd.
mark a milestone in the global real estate industry by consolidating their
operations and expertise to create a new major real estate company named Astra
Mayfair.

Press Release Body: Astra Mayfair' Merger - a Boon to the Real Estate Industry

Two leading providers of property and wealth management solutions across the world,
Mayfair International Group and Astra Landbase Pvt. Ltd. mark a milestone in the
global real estate industry by consolidating their operations and expertise to
create a new major real estate company named Astra Mayfair.

Both Astra Landbase and Mayfair International Group have made significant strides in
building their organisations from strength to strength, and this merger will further
accelerate this process for both companies. Astra Mayfair shall be headquartered in
India, catering to a wider spectrum of Resident Indians, Non-Resident Indians (NRIs)
and Persons of Indian Origin (PIOs) worldwide. We strive to become a powerful leader
in the real estate industry while creating a more effective and efficient provider
of world-class properties and wealth management solutions to the NRIs, PIOs and
Resident Indians on a global platform.

The combined business of Astra Mayfair with over 50 years of remarkable cumulative
expertise will have a broader market presence with enhanced capabilities in areas
such as property offering, rental management, property financing and international
marketing services for securing world-class architecture on an international scale.
The merger will streamline the ownership and operations of Astra Mayfair, jointly
owned by the two companies.

Deepak Chawla, Chairman of Astra Landbase, will be the Chairperson of Astra Mayfair.
Mr. Chawla has left no stone unturned in understanding the changing market trends
and responding diligently with accuracy and transparency in reaching to the pulse of
the strategic investors. Alex Walia, Chairman of Mayfair International Group, will
be the Director of Astra Mayfair. Mr. Walia's innate leadership and his ability to
instantly actualise the vision of strategic global investors of acquiring investment
goals has been a driving force to reckon within the real estate business and global
consultancy services.

With its strong presence in India, New York and Malaysia, Astra Mayfair offers one
of the finest properties to the Indian Diaspora segment across the globe - India,
UK, Dubai, Thailand, to name a few. We endeavour to be more innovative, agile and
efficient in creating a win for both companies' strategic clientele across the
world, whist returning higher returns on their investments and enhancing the brand
portfolio of both companies.


Web Site: http://astramayfair.com

Contact Details: email: Info@astramayfair.com
website: www.astramayfair.com

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