Monday, March 10, 2008

BNP Paribas forays into realty space

European financial powerhouse BNP Paribas is foraying into Indian real estate brokerage and consultancy space, making it probably the first international banking group to offer such services in the country. The French bank’s real estate services subsidiary, Atisreal, is acquiring more than 50% stake in the consultancy business of Bangalore-based Redwoods Projects.

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