Townships In Amritsar

Ludhiana-based realtor Impact Projects Pvt Ltd on 30th June signed a joint venture (JV) agreement with equity fund company South Asian Real Estate (SARE) to set up 2 luxury townships in Amritsar. The Isle of Man-based SARE has made investments in a lot of housing projects in India through JV with Indian property developers.
The two projects will be set up at an investment of eighteen billion rupees Impact declared here.
Impact Projects is sponsored by Harpal Singh, the non-executive chairman of Ranbaxy Laboratories Ltd.

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