| 16.12.2014 - Singapore's GIC forms venture with Vatika Group |
| GIC Pte Ltd, Singapore's sovereign wealth fund, formed a joint venture with property developer Vatika Group for two residential projects near New Delhi, the two firms said in a statement on Monday. The projects in Gurgaon, to be developed by Vatika Group, are expected to be completed by financial year 2018-19 and are forecast to generate revenue in excess of 20 billion rupees ($319 million), they said............................................Full Article: Source |