Amidst correction in the country's real estate scenario, Lohia Group is planning to invest up to Rs350 crore in developing three projects in Delhi and Uttar Pradesh by 2011. The group's subsidiary - Lohia Developers - plans to develop two townships in Lucknow and Moradabad, and a commercial complex in Delhi.
» Emaar MGF Land to put $3 bln in properties
Real estate firm Emaar MGF Land plans to spend $3 billion in developing properties in south India over the next few years. Emaar MGF will invest in a residential property in Hyderabad with an outlay of $1.4 billion. The company will also invest in commercial and retail properties and hotels spread over 31 million sq ft in 10 south Indian locations.
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