TCG-Vornado to jointly invest Rs 2.7 bn
Real Estate

TCG-Vornado to jointly invest Rs 2.7 bn

India Property Fund, managed by NRI investor Purnendu Chatterjee's TCG Real Estate and US-based Vornado Realty Trust, is investing Rs 270 crore in two residential developments in the National Capital Region and Mumbai. The housing projects in Mumbai and Noida will be funded with Rs 150 crore and Rs 120 crore, respectively, and the fund will pick up 40-45 per cent in each of the projects.

Contact: TCG Real Estate. Tel: 033-2357 2546. Fax: 033-2357 2546. Website: www.tcgre.com

India Property Fund, managed by NRI investor Purnendu Chatterjee's TCG Real Estate and US-based Vornado Realty Trust, is investing Rs 270 crore in two residential developments in the National Capital Region and Mumbai. The housing projects in Mumbai and Noida will be funded with Rs 150 crore and Rs 120 crore, respectively, and the fund will pick up 40-45 per cent in each of the projects. Contact: TCG Real Estate. Tel: 033-2357 2546. Fax: 033-2357 2546. Website: www.tcgre.com

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