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INDIAN REAL ESTATE FIRM FORAYS INTO THE US.

AsiaPulse News

| October 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, Oct 1 Asia pulse - At a time when the real estate players in the country are highly bullish on the sector, one developer who has dared to foray into the US, where the housing sector woes are continuing.

It is the Pune-based D S Kulkarni Developers, which is smelling business potential in the US and has become the first organised sector real estate player from India to make a foray in the US market.

The company one has popular actress, Madhuri Dixit, on its board.

Kulkarni Developers has floated a fully-owned subsidiary in Delaware, USA, to develop residential and commercial projects.

Company chairman D S Kulkarni said the idea was to cater to the demands of the Indians settled there. However, a large number of ...

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