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PVP Ventures executes participation agreement with Football Sports Development

23 Apr 2014 Evaluate

PVP Ventures has executed participation agreement with Football Sports Development (an SPV formed by IMG Reliance; Star India and All India Football Federation). With the execution of this agreement, now PVP Ventures has become eligible to own a football team and participate in the football league being organized by Football Sports Development. The first season of the Indian Super League (ISL) may commence in the month of September, 2014.

PVP Ventures is currently engaged in different business activities. Initially the major areas of operations of PVP Ventures included purchasing, acquiring and leasing of land, buildings, structures and properties to develop the same into townships, markets, residential, industrial or commercial complexes.

Peers
Company Name CMP
Lodha Developers 1137.55
Prestige EstatesProj 1444.75
Dilip Buildcon 403.85
DLF 666.70
Oberoi Realty 1832.95
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