27.10.2011 - Indian realty firms take their brands global with projects in Sri Lanka, Africa and Europe to spread risk
During the slowdown last year, sales at luxury home builders EMGEE Group had gone down so much that Mudhit Gupta, the company's chairman, could actually keep a count of the footfalls at his sales offices. It was during those days that he got a call from a friend in the UK who told him about real estate opportunities in Spain and Montenegro. "I landed there, saw some beautiful sites, met extremely FDI-friendly governments, and decided to invest," he says...............................................Full Article: Source
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