NRI Real Estate and Property Investment in India
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ETA Star to launch Projects in Bangalore
Thursday, October 18, 2007

UAE based real estate developer ETA Star is all set to enter into real estate India with a realty project in Bangalore in 2008.

The company will bring the project on its land bank of 300 acres on the outskirts of Bangalore for the planned mixed use developments.

ETA is currently working on the commercial and residential property project to come up on 70 acres at Binnypet in Bangalore.

New construction will be available by 2008, says Mr Abid Junaid, Executive Director, ETA Star. The company is also engaged in development of a Dh11-billion project that will include the construction of residential buildings and industrial zones in Tamil Nadu.

India has been rated as a top investment destination for development of residential, commercial, retail, and hotel properties by a new report commissioned by Cityscape Market Intelligence Service (CMIS) and published by the Oxford Business Group (OBG).

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