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November 21, 2007

Gulf Finance House to invest over US$ 2 billion in Mumbai

Al bawaba

Gulf Finance House (GFH) is investing over US$ 2 billion in a green field site close to Navi Mumbai, near to the commercial capital's airport. GFH has already raised US$ 630 million towards the initial development and infrastructure requirements of the project.

GFH exhibited this project amongst other infrastructure development initiatives at the inaugural Cityscape India, the international property investment and development exhibition and conference, which is currently taking place at the Bombay Exhibition Centre, Goregaon in Mumbai.

GFH has signed a wide ranging MOU with the government of Maharashta towards the development of Energy City India, and the project details are now at an advanced stage.

Full Story...

Posted by dcjaya at November 21, 2007 3:16 AM