Real Estate Transactions

Cornerstone Properties, VS Group in equal JV to float residential development firm

Economic Times  

Real estate firm Cornerstone Properties has entered into an equal joint venture with Vishwa Samudra Group (VS Group), a Hyderabad-based infrastructure player, to float a residential development firm called Akhinta Enterprises which will focus on developing luxury residential projects in Bengaluru priced upwards of INR 2 crore. The company will invest over INR 500 crore to build 5 million sq ft of residential projects.

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