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NCC may raise funds for Dubai project

Tuesday, 24 Nov 2009
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Nagarjuna Construction Company (NCC) is likely to raise funds from banks or institutions to complete its property development project in Dubai.

NCC is constructing a building with 440 apartments in Dubai wherein Tower I is to have about 10 floors. The project is being set up with an outlay of Rs 700 crore.

According to sources, the company is in talks to raise about Rs 100 crore.

Also See:

NCC to build township at Tellapur (10-Nov-09)

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