Tuesday, June 10, 2008

Investment worth Rs 20 cr in Mysore (KARNATAKA)

PBEL Property Development India Pvt Ltd, a joint venture of Israel-based Property and Building Corporation (PBC), Electra Real Estate (ERE) and INCOR infrastructure, has invested Rs 20 crore in Mysore to build a residential township. Announcing this development, PBEL executive informed that the company has invested Rs 20 crore on a 10 acre plot at Devanoor village to build a residential township. This is in tune with the company’s our strategy to build a land bank in secondary cities across south India.

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