Thailand Property Developer Invests US$300 Million In India Real Estate

Bangkok, Thailand: Leading Thailand property developer, Pruksa Real Estate PLC, has unveiled ambitious plans to invest US$300 million in the Indian house marketplace more than the next five years. The news follows the accomplishment of the actual estate developer’s first project in India, Pruska Silvana in Bangalore. The twenty six acre project, created up of 438 terraced houses and 321 villas, broke ground in 2009 and is scheduled for completion in May this year. The Thai developer is set to build property in big Indian cities such as Delhi, Mumbai and Bangalore below the company’s flag ship Indian brand, Pruksa India Construction Pvt. “Demand for housing in India is sturdy and we think it is a superior investment for us. The organization already personal twenty 5 acres of land in Mumbai and it is probably this will be the web page for their subsequent home improvement in India. Pruksa’s entry into India is a key milestone for us, as it has often been our dream to be a component of this country,” commented Pruska’s founder and chief executive officer, Thongma Vijitpongpun. We want to bring in luxury living at very affordable costs in India.

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