Jindal Aluminium enters realty sector

    Jindal Aluminium Realty Sector
    One of India's largest manufacturers of aluminium extrusions, Jindal Aluminium, in a latest development has decided to venture into real estate business to monetize its 360 acre land parcels ideally located on the outskirts of metropolitan cities like Bengaluru, Delhi, and Mumbai. The company is also scouting for more land to make a success of this strategic initiative, which is being led by its recently-elevated Managing Director, Pragun Jindal Khaitan. In the first phase, Jindal Aluminium is looking to form joint ventures with real estate firms to develop residential projects on its land parcels and is keen to enter the commercial real estate segment later. As a matter of fact, the player is looking at developing these land parcels in phases in the next 8-10 years, along with these planned developments, it is also looking to build capability and skill set to take this new vertical further, he added.
    CURRENTLY ONLINE
    We have 437 guests and no members online

    NBM&CW

    New Building Material & Construction World

    New Building Material & Construction World
    MGS Architecture

    Modern Green Structures & Architecture

    Modern Green Structures & Architecture
    L&ST

    Lifting & Specialized Transport

    Lifting & Specialized Transport
    II&TW

    Indian Infrastructure & Tenders Week

    Indian Infrastructure & Tenders Week