November 26, 2007

Bhuwalka Steel Industries into real estate

Bhuwalka Steel Industries Ltd has informed that the Company has entered into a Memorandum of Understanding on November 22, 2007 for Joint Development of land situated at Old Madras Road, Bangalore where, one of the units is situated. It is estimated about 1
Million Sq. Ft. of commercial / retail space may be developed in next 3 to 4 years.

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