The Real estate and infrastructure wing of Mahindra Group, Mahindra Lifespaces Developers Ltd has ventured into collaboration with SCM Real Estate Singapore, an infrastructure arm of Standard Chartered Bank for the development of residential projects across the country. Rs 1000 crore will be collectively contributed by both of the companies and Watsonia Developers Pvt Ltd (WDPL) will be undertaking the proposed developments. Both the parties will hold equal stake in the development. The companies have already decided the projects that they’ll start with. First two projects under the joint venture will be premium residential buildings in Gurgaon and Bangalore.Mahindra Lifespaces has developed around 8.3 million sq ft across nine cities in the country. If include upcoming and ongoing projects then it will add up to 11 million sq ft. Through the joint venture projects in Gurgaon and Bangalore, 1.55 million sq ft is going to be developed. The company has both residential and integrated township projects in Bangalore, Chennai, Hyderabad, Nagpur, Faridabad, Pune, Gurgaon, Jaipur and Mumbai.Last year Godrej Properties ventured into collaboration with Dutch pension service provider APG and invested around Rs 70 crore to develop real estate projects across the country. The recent commitment includes the development of 5-acre property in Okhla Phase-I in Delhi.займ на карту без отказов круглосуточновзять кредит онлайн