HDFC Property Ventures is investing $20-25 million into South India’s largest central business district (CBD) mall developed by Nitesh Estates in Bangalore. The move probably marks the $900-million HDFC Property Ventures’ foray into retail infrastructure in a rather tight-market environment.
HDFC Property Ventures will pick up around 20-25% stake in the 6-lakh sq ft Nitesh Mall, [...]
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