After JP Morgan, their Gora Bhai, Citigroup Property Investors is investing in Pune based Real Estate company, Gera Developers. The entire project cost is estimated at around Rs550 crores.
OK. I am sure you are desperately searching for the place where this property development project is coming up. Kharadi in Pune :-) Its a high end project. 600 apartments + country club + hotel on a area of 2 Million SFT. Citigroup Properties has also set aside $360 Million for investments in India.
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