Education Is The Next Move Of Real Estate Developers

Source: livemint.com

Education Is The Next Move Of Real Estate DevelopersThe latest concern of home-buyers is the quality and proximity to their children’s educational institutions. Developers such as Delhi-based Emaar MGF Ltd and Mumbai-based Hindustan Construction Co. Ltd (HCC) have teamed up with different schools for the township projects they have announced. While Emaar tied up with Singapore-based Raffles Group, HCC has teamed up with the Girl’s Day School Trust, UK, for its new hill station project in Lavasa, near Pune. Several players are looking at educational infrastructure as a possible investment opportunity. For instance, Trikona Capital, a Delhi-based realty fund plans to dedicate around 10% of its new $1 billion (Rs3, 970 crore) fund Trident to investments in this sector. Mr. Mahesh Gandhi, president of Trikona Capital, says: "We see a lot of opportunity in the social infrastructure sector in the coming years. We have already invested in hospitals, now we are looking at schools." The company has already invested around $18 mill! ion in Fortis Hospitals Ltd, which is building a chain of 40 hospitals across India.

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  1. UnknownJuly 29, 2013 at 4:51 AM

    This is one of the informative blog for the people those are dealing in properties. if you want to purchase Properties, Plots apartments and flats then this will help you.

    Pune Commercial Property

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