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Reliance plans big for realty; goes headhunting(The Hindu Business Line 6th Feb 2008)Reliance Industries looks all set to enter the realty space in a big way.
Mukesh Ambani’s $27-billion corporate house has called for project managers, project architects, project and design engineers for its real estate projects, in an advertisement in a national daily.
The Reliance Group said it has a substantially large portfolio of real estate projects to fulfil captive requirements and independent business activity. The projects include high quality space, residential properties, convention centres and auditorium.
Recently, the company acquired a 10,183 sq. metre commercial plot at the Bandra Kurla Complex for Rs 918 crore, wherein it would be allowed to construct a 20,366-sq. m multi- storeyed car park and 30,550 sq. m commercial complex. More
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