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MK Land in India venture.

Business Times (Malaysia)

| June 25, 2009 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

Byline: Azlan Abu Bakar

DEVELOPER MK Land Holdings Bhd is partnering two other companies for a RM3 billion residential development project in northern Bangalore, India.

This will be the company's first project in India and its second overseas, after Namibia. The project will be developed on a 120ha land near the new Bangalore International Airport.

It will be undertaken by Milan Gateway Sdn Bhd, a joint venture between MK Land, Embassy Group of India and MKN Embassy Development Sdn Bhd. MKN is a joint-venture company of MK Land and Embassy Group set up to develop IT parks, particularly in Cyberjaya.

"The project will start construction in 2010 and …

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