DSKDL & GTC to develop $1 billion SEZ Project

Kardan Group is based out of Netherlands and have real estate projects in Western Eastern Europe, Central Europe & China.

GTC shall invest up to apprx $90 million against their stake in the JV company in a phased manner.

Any further equity contribution shall be made by DSKDL and GTC in their respective shareholding proportion.

The total build-up area of the project is estimated to be more than 15 million sq ft and the total investment in the project is estimated to be around $1 billion.