20 Sep 2014

Shriram Properties makes major land buys in Bangalore


Shriram Properties, in which Tata Capital recently picked up a 15% stake for Rs 470 crore, has made a slew of real estate acquisitions in south India including buying out Unitech's 50% stake in a marquee development in the city. 

The Bangalore-based real estate arm of the $12-billion conglomerate Shriram Group has also bought a 56acre land parcel along Old Madras Road on the outskirts of the city for Rs 155 crore, sources said. Read More..

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