Thursday, April 24, 2008

ICICI To Joins Hand With Realty Firm Of UK

UK''s real estate firm Dandara is likely to tie-up with ICICI Bank to woo high networth individuals in India for investing in UK''s real estate market.The 200 million pound UK-based company is in talks with the largest private sector bank of India to endorse Dandara''s properties and market them to ICICI customers. The due diligence process is going on and in next 2-3 months we expect the deal to close. As per the agreement we will be able to reach the customers of ICICI Bank, which has a wide network in the country, Dandara Holdings group investment sales director Seamus Nuget said on April 23.

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