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Article: MetroCorp, Jurong to build mega townships in Bangalore,Chennai.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- April 13, 2005
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Bangalore, Apr 13 (PTI) MetroCorp, a consortium of mortgage and investment bankers from the US and Europe, announced wednesday it would soon launch two large integrated townships in southern Indian cities of Bangalore and Chennai with an investment corpus of USD two billion.
The townships would have a mix of commercial, residential, retail, entertainment, hospitals and educational institutions, and are positioned primarily at the IT and biotech sectors, MetroCorp Director Kenneth Blades said.
MetroCorp has teamed up in Asia with Jurong Consultants of Singapore and the latter would handle concept, design, project management, to construction in India, said ...