Philippines real estate firm enters in Hyderabad Real Estate
Released on: May 8, 2008, 2:59 am
Press Release Author: varma
Industry: Real Estate
Press Release Summary: Ayala Corporation of Philippines and its affiliate, Arch Capital Management, plan to invest $100 million in the Indian property market in the next two years.
Press Release Body: Ayala Corporation of Philippines and its affiliate, Arch Capital Management, plan to invest $100 million in the Indian property market in the next two years.
Ayala is one of the largest real estate brands in Philippines and the private equity fund is currently evaluating property in Chennai, Hyderabad, the national capital region, Mumbai, Pune and Bangalore.
Sources say it will subsequently consider smaller cities as there is more room for development. Sources also say residential projects are top on arch capital management\'s priority list as it is easier to exit them. The fund is also considering investing in retail and IT projects.
Hong Kong-based Arch Capital Management closed its first deal in India last month with Mahindra Lifespace Sevelopers. It will develop a residential township in Chennai, a project in which it holds a 49 per cent stake......... For Latest Real Estate News: http://www.maaproperties.com/Pages/ModuleContent.aspx?Module=News
At Maa Properties, we have in-depth knowledge of property markets, extensive experience, specialized skills and resources necessary to provide an entire range of reliable and responsive property management services. No matter how far away you are currently located, our online services enable you to take charge of things and efficiently handle all property-related transactions back home.
We would like to take the opportunity to welcome all the community members living world wide to our real estate portal.(NRI)
For More Information about Real Estate Hyderabad, India visit: http://www.maaproperties.com/
Web Site: http://www.maaproperties.com/
Contact Details: Maa properties provides property related transactions of Hyderabad Real Estate like buy, sell, rent, lease for Hyderabad plots, flats and provides tenants, maintenance for nris under three services property deals, property analysis and property care.