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		<title>GPL signs Rs 770 crore equity commitment with global partners</title>
		<link>https://groups.commonfloor.com/news/gpl-signs-rs-770-crore-equity-commitment-with-global-partners-23735</link>
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		<pubDate>Mon, 02 Jul 2012 09:27:52 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Chennai]]></category>
		<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Pune]]></category>
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		<category><![CDATA[APG]]></category>
		<category><![CDATA[Delhi NCR]]></category>
		<category><![CDATA[developing projects]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[Dutch]]></category>
		<category><![CDATA[global partners]]></category>
		<category><![CDATA[Godrej Properties Ltd]]></category>
		<category><![CDATA[GPL]]></category>
		<category><![CDATA[management fee]]></category>
		<category><![CDATA[middle-income]]></category>
		<category><![CDATA[pension fund managers]]></category>
		<category><![CDATA[real estate investors]]></category>
		<category><![CDATA[residential development platform]]></category>
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		<category><![CDATA[Sparinvest Property Fund II]]></category>
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		<description><![CDATA[Godrej Properties Ltd (GPL) has formed a residential development platform with Rs 770 crore of equity commitment. The platform mainly aims towards the development of the middle-income residential space in Mumbai, Delhi NCR and Bangalore, apart from looking for opportunities in Chennai and Pune. GPL would contribute 29 per cent in the investment platform while [...]]]></description>
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