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Q: Is this happiness is for a short time for the Indian property developers?
Latest Answer: Recently, Mahindra Lifespace Developers Ltd and SCM Real Estate Pvt. Ltd. of Singapore, the investment arm of Standard Chartered Bank, have made a joint venture agreement with a combined investment commitment of Rs.1000 crore to buy land and develop residential projects. last month, Mahindra Lifespace announced its entry in Bengaluru with a residential project, which is also part of the investment partnership.
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