Sobha Developers get $10 mn foreign investment

September 15th, 2008 - 4:38 pm ICT by IANS  

New Delhi, Sep 15 (IANS) Bangalore-based property developer, Sobha Developers Ltd, has received additional $10 million foreign investment for its residential project being developed at Hosahalli in Bangalore, the company announced Monday in a regulatory statement.The company has received this investment through a special purpose vehicle from Pan Atlantic LLC, Dubai.

The Bangalore project is spread over 13.27 acres with total developable area of more than 1.7 million square feet of residential township, Sobha informed the Bombay Stock Exchange.

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