International real estate fund Ireo has earmarked $2 billion, or Rs9,800 crore, for investment in India, plans to launch up to 8 million sq. ft of residential and commercial projects across the country over the next 12 months.
The fund, which has been present in India since 2003, has 13 projects in its portfolio at present in New Delhi’s suburbs, Haryana, Punjab, Tamil Nadu and Maharashtra.
Ireo is a fully integrated real estate organization that is both the financier and developer of its projects, Anurag Bhargava, chairman, Ireo Management Pvt. Ltd, said. “We have residential, commercial and hospitality projects in our portfolio.
More : livemint.com
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