MoneyWorks4Me

Martin Burn enters into JVA for affordable housing project

26 Feb 2018 Evaluate

Martin Burn has entered into a Joint Venture agreement (JVA) with Institute of International Trade for an affordable Housing Project at Sonarpur, Under Kalikapur - I Gram Panchayat, District South 24 Pgs in West Bengal.

The approximate area of proposed construction is 4.25 lakh square feet. The approximate sales realization will be Rs 110 crore, in which the company’s share will be 80% and Institute of International Trade’s share will be 20%.

Martin Burn engages in the infra and construction real estate activities in India. It constructs and develops real estate properties. The company is also involved in the lease rental and related activities.


Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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