Its sheer size and growth prospects make India's property market attractive to many foreign developers, including those from Malaysia, who want a share of the growing pie.
According to SunCity managing director (property development) Ngian Siew Siong, the company plans to focus on tier-two cities where prices have not gone through the roof, and new entrants would be able to make good profit margins.
Ngian said the company hoped to find the right joint venture partners for its Bangalore and Pune ventures within the next one year.SunCity enters India
Pune real estatereal estate Indian real estate market Bangalore Sunway City Bhd\'s (SunCity) Malaysia Hyderabad CLSA Asia Pacific foreign direct investment in Indian real estate Keppel Land Capitaland Emaar Group special economic zones(SEZ) vasthu principles (or Indian feng shui) ravi karandeekar
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