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Plaza Centre s Rs. 15000 - crore Scheme 14/11/2008
Plaza Centre, which has a significant presence in East Europe, will, along with local partners, invest Rs. 15000 crores on 10 real estate projects across six cities in India. It has signed a joint venture agreement with the parent company, Elbit Imaging Ltd. to develop major mixed use projects in India in conjunction with local partners. The company plans to start leasingits \"shoppertainment Pojects\" by the first half of 2010, according to Abraham Goren, Elbit Imaging Ltd. executive Vice-Chairman(heading the activities of Elbit Imaging and Plaza Centres in India). The JVs first three projects are located in Pune, Bangalore, Chennai and Kochi.
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