Friday, April 11, 2008

Russia’s Sistema to Invest upto $200 mn in Indian Real Estate

Russian conglomerate Sistema, on Tuesday announced plans to invest $100-200 million in developing hotels, offices and residential complexes in major cities Hyderabad, Bangalore,Chennai, Delhi and Mumba. The revelation came after the company’s decision to invest $5 billion in the country’s telecom sector earlier in the year.
Russia’s Sistema to Invest upto $200 mn in Indian Real Estate

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