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Ansal Buildwell inks MoU with VKL Holdings for joint development: Report

20 Feb 2014 Evaluate

Leading real estate player Ansal Buildwell has reportedly inked a memorandum of understanding (MOU) with Bahrain-based VKL Holdings, Al-Namal Group. This MoU gave an opportunity to both the companies for joint development in the housing and infrastructure sectors in both India and Bahrain. According to MOU, both the companies will assist each other to understand their respective domestic markets and also to facilitate exchange of technical support.

Ansal Group is amongst the handful of Indian corporates that have built a global reputation through a culture of innovation and excellence. Four decades ago, this dynamic enterprise altered Delhi's corporate skyline. Today, its activity profile encompasses the entire gamut of real estate development and construction activity, both in India and abroad.

Peers
Company Name CMP
Lodha Developers 1223.50
Prestige EstatesProj 1646.10
Dilip Buildcon 409.00
DLF 755.60
Oberoi Realty 1797.00
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